CMB.TECH NV

CMB.TECH NV announced the sale of two Suezmax vessels, Brest and Brugge, which is expected to generate a capital gain of approximately $100.5 million USD in Q3 2026. The vessels are slated for delivery to their new owner during the same quarter. CEO Alexander Saverys stated that the proceeds from this sale will be reinvested to support the continued growth of the company's diversified maritime group.

CMB.TECH NV announced the sale of two Suezmaxes, Brest and Brugge, which are expected to generate a capital gain of approximately $100.5 million. This gain will be recognized in Q3 2026, coinciding with the delivery of the vessels to their new owner. CEO Alexander Saverys stated that the returns would be reinvested to support the company's diversified maritime group's continued growth.

CMB.TECH NV and Fortescue have signed a milestone agreement for the charter of up to 12 ammonia-capable vessels. This partnership aims to accelerate the decarbonization of global shipping and advance the adoption of ammonia as a marine fuel. Fortescue will charter the vessels from Bocimar, CMB.TECH's dry bulk division, with up to three vessels delivered with dual-fuel ammonia engines by late 2026 and the remaining nine being ammonia-ready for future conversion. This initiative could reduce carbon dioxide emissions by approximately 250,000 tonnes annually if fueled by green ammonia.

CMB.TECH NV and Fortescue have signed a landmark agreement for the charter of up to 12 ammonia-capable vessels, aiming to decarbonize global shipping. Under the deal, CMB.TECH's Bocimar division will charter 12 Newcastlemax vessels to Fortescue, with up to three delivered with dual-fuel ammonia engines by late 2026 and the rest being ammonia-ready. This initiative could reduce carbon dioxide emissions by approximately 250,000 tonnes annually if fueled by green ammonia, marking a significant step in advancing ammonia as a viable marine fuel. CMB.TECH also announced its Q2 2026 results will be released on August 27, 2026.

CMB.TECH NV announced that its Supervisory Board has officially approved a shareholder distribution of $0.64 per share, which was conditionally announced on May 19, 2026. This distribution comprises an interim dividend of $0.20 per share and a first payment of $0.44 per share from the share premium reserve. Payments are expected to begin on June 10, 2026, with varying ex-dividend dates across Euronext, NYSE, and OSE due to different settlement periods. No withholding tax will be applied to the $0.44 share premium distribution.

CMB.TECH NV announced that its General Meeting of Shareholders on May 21, 2026, approved the annual accounts for the year ended December 31, 2025, and all other proposed resolutions. Shareholders also approved a significant distribution of minimum $130 million and maximum $200 million from the share premium, which is a condition for a $0.64 per share distribution. Additionally, several Supervisory Board members were reappointed or appointed for three-year terms.

CMB.TECH NV announced that its General Meeting of Shareholders approved the annual accounts for the year ended December 31, 2025, and all other proposed resolutions. Key approvals included a shareholder distribution of minimum USD 130 million and maximum USD 200 million from available share premium, which fulfills a condition for a USD 0.64 per share distribution. Additionally, several Supervisory Board members were reappointed or appointed for three-year terms, including Catharina Scheers, Debemar BV (Patrick De Brabandere), Bobship AS (Bjarte Bøe), Gudrun Janssens, and Carl E. Steen.

CMB.TECH reported significantly improved unaudited financial results for Q1 2026, with profit soaring to $368.8 million and EBITDA reaching $558.3 million, driven by a strong tanker market and strategic fleet management. The company also announced an intention to distribute $0.64 per share and expanded its contract backlog to $3.26 billion. Fleet developments included the delivery of 7 new vessels and the sale of 9 older vessels, contributing to substantial capital gains. The CEO highlighted strong spot market results and the benefits of a modern, eco-friendly fleet.

CMB.TECH reported strong unaudited financial results for Q1 2026, with profit soaring to $368.8 million and EBITDA reaching $558.3 million, significantly up from the previous year. The company's contract backlog increased to $3.26 billion, and it intends to distribute $0.64 per share. These results were driven by a robust tanker market, strong dry bulk performance, and strategic vessel sales, alongside newbuilding deliveries. The market outlook remains positive for most segments despite geopolitical uncertainties and a growing orderbook.

CMB.TECH NV announced it will release its first quarter 2026 earnings prior to market opening on Tuesday, May 19, 2026. The company will also host a conference call at 8 a.m. EST / 2 p.m. CET on the same day to discuss the results, which will include a webcast with an accompanying slideshow. Details for attending the conference call are available on the company's investor relations page.