SaleAug 3, 2026, 02:02 AM
CMB.TECH Sells VLCC Donoussa, Generates $74.4M Capital Gain
AI Summary
CMB.TECH NV has announced the sale of its VLCC Donoussa, a 2016-built vessel. This transaction is expected to generate a capital gain of approximately $74.4 million, which will be recognized in the fourth quarter of 2026. The vessel is also scheduled for delivery to its new owner in Q4 2026.
Key Highlights
- Sold one VLCC, the Donoussa (2016, 299,999 dwt).
- Generated a capital gain of approximately $74.4 million.
- Capital gain to be recognized in Q4 2026.
- Vessel delivery to new owner scheduled for Q4 2026.
- Q2 2026 results to be announced on August 27, 2026.
Price Impact
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