CMB.TECH Sells Eight Vessels, Generates $269M Capital Gain | Mariner News
CMB.TECH NV has announced a significant strategic move, confirming the sale of eight vessels that generated a substantial capital gain of approximately 269.2 million USD in total. This key development in the maritime industry underscores the company’s proactive approach to fleet management and financial optimization. The sales include a mix of large crude oil tankers and dry bulk carriers, marking a pivotal moment for the shipping firm.
Strategic Tanker and Bulk Carrier Divestment
Among the divested assets, CMB.TECH’s Euronav segment sold six Very Large Crude Carriers (VLCCs): Daishan, Hirado, Hojo, Dia, Antigone, and Aegean, built between 2007 and 2016. These specific tanker sales are projected to yield an impressive capital gain of around 261.1 million USD in Q1 2026. The delivery of these high-capacity crude oil carriers to their new owners is also slated for the first quarter of 2026, further streamlining CMB.TECH’s operations.
Additionally, the Bocimar segment completed the sale of two Capesize bulk vessels, Golden Magnum and Belgravia, both built in 2009. These dry cargo vessel transactions added approximately 8.1 million USD in capital gain, with deliveries completed in January 2026.
Driving Fleet Rejuvenation and Financial Optimization
The proceeds from these diverse vessel sales will primarily be used to repay existing debt facilities, and CMB.TECH intends to distribute 50% of the profit. This move aligns with the company’s ongoing fleet rejuvenation strategy to modernize and enhance its shipping portfolio, positioning it for future growth and efficiency in the global shipping market.
