CMB.TECH Sells Two VLCCs, Realizing $98.2 Million Gain
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
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Should l Buy CMBT?
Source: Newsfilter
- Asset Sale Gains: CMB.TECH successfully sold two VLCCs, Ingrid and Ilma, both built in 2012 with a deadweight tonnage of 314,000, realizing an estimated capital gain of approximately $98.2 million in Q2 2026, significantly enhancing the company's financial position.
- Delivery Timeline: The vessels are scheduled for delivery to their new owner in Q2 2026, ensuring that this substantial capital appreciation will be reflected in the company's upcoming financial reports, thereby boosting market confidence.
- Company Overview: CMB.TECH is one of the largest listed diversified maritime groups globally, operating a fleet of about 250 vessels, including dry bulk carriers, crude oil tankers, and chemical tankers, showcasing its robust capabilities and market position in the shipping industry.
- Future Outlook: This transaction not only strengthens the company's capital structure but also provides funding for future investments and expansions, as CMB.TECH plans to continue innovating in hydrogen and ammonia fuel, further solidifying its market leadership.
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Analyst Views on CMBT
Wall Street analysts forecast CMBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMBT is 13.65 USD with a low forecast of 13.50 USD and a high forecast of 13.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 12.060
Low
13.50
Averages
13.65
High
13.80
Current: 12.060
Low
13.50
Averages
13.65
High
13.80
About CMBT
CMB.TECH NV is a Belgium-based company engaged in the maritime transportation and storage of oil products. The Company provides shipping services, in addition to focusing on fleet diversification and decarbonisation in large-scale low-carbon marine and industrial applications. The Company, along with its group entities, operates in two business segments: the operation of crude oil tankers on the international markets (tankers), and the floating production, storage, and offloading operations. The group owns and operates more than 250 seagoing vessels: crude oil tankers, dry bulk tankers, container transport, chemical tankers, offshore wind vessels, tugboats and ferries. The Euronav brand remain the brand name of the crude oil tanker and offshore oil activities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CMB.TECH Sells Two VLCCs, Realizing $98.2 Million Gain
- Asset Sale Gains: CMB.TECH successfully sold two VLCCs, Ingrid and Ilma, both built in 2012 with a deadweight tonnage of 314,000, realizing an estimated capital gain of approximately $98.2 million in Q2 2026, significantly enhancing the company's financial position.
- Delivery Timeline: The vessels are scheduled for delivery to their new owner in Q2 2026, ensuring that this substantial capital appreciation will be reflected in the company's upcoming financial reports, thereby boosting market confidence.
- Company Overview: CMB.TECH is one of the largest listed diversified maritime groups globally, operating a fleet of about 250 vessels, including dry bulk carriers, crude oil tankers, and chemical tankers, showcasing its robust capabilities and market position in the shipping industry.
- Future Outlook: This transaction not only strengthens the company's capital structure but also provides funding for future investments and expansions, as CMB.TECH plans to continue innovating in hydrogen and ammonia fuel, further solidifying its market leadership.
See More
CMB.TECH Sells Eight Vessels, Generating $269.2 Million Capital Gain
- Vessel Sale Gains: CMB.TECH has successfully sold eight vessels, generating an estimated capital gain of approximately $269.2 million in Q1 2026, significantly enhancing the company's financial position and providing funding for future investments.
- VLCC Sales Details: The sale of six VLCCs is expected to yield around $261.1 million, aligning with the company's strategic goal of fleet rejuvenation while optimizing its asset structure.
- Capesize Vessel Transactions: Additionally, the sale of two Capesize vessels is projected to generate $8.1 million, further improving liquidity and reducing debt obligations for the company.
- Profit Distribution Plan: CMB.TECH intends to allocate 50% of the profits from these sales to repay existing debt, reflecting its commitment to prudent financial management and shareholder returns.
See More
CMB.TECH Invests in Chinese Ammonia Supply Chain with 158,000 Tonnes Annual Production
- Green Ammonia Investment: CMB.TECH has signed an off-take agreement with CEEC Hydrogen Energy to produce 158,000 tonnes of green ammonia annually in Jilin Province, with commercial operations expected to commence in January 2026, thereby enhancing the company's positioning in the green energy sector.
- Strategic Partnership: CMB.TECH will acquire a minority stake in Jiangsu Andefu Energy Technology, creating an industrial partnership that supports maritime decarbonization and the development of green ammonia supply infrastructure, which will strengthen its competitive edge in the market.
- Storage Facility Development: Andefu is constructing a 49,000 m³ low-temperature ammonia storage tank in Nanjing, scheduled for commissioning in Q1 2026, which will provide critical capacity for ammonia distribution and future marine fuel applications.
- Vessel Delivery Plans: CMB.TECH plans to take delivery of 11 ammonia-powered ships in 2026, featuring dual-fuel engines, marking a significant advancement in the company's journey towards zero-emission maritime transportation.
See More
CMB.TECH Invests in Chinese Ammonia Supply Chain with 158,000 Tonnes Annual Production
- Green Ammonia Investment: CMB.TECH has signed an off-take agreement with CEEC Hydrogen Energy to produce 158,000 tonnes of green ammonia annually in Jilin Province, with commercial operations expected to commence in January 2026, thereby enhancing the company's competitiveness in the green energy market.
- Strategic Partnership: CMB.TECH will acquire a minority stake in Jiangsu Andefu Energy, creating an industrial partnership that supports maritime decarbonization and the development of green ammonia supply infrastructure, further advancing sustainable shipping initiatives.
- Storage Capacity Enhancement: The 49,000 m³ low-temperature ammonia storage tank being constructed by Andefu in Nanjing is scheduled for commissioning in Q1 2026, providing critical hub capacity for ammonia distribution and future marine fuel applications.
- Vessel Delivery Plan: CMB.TECH plans to take delivery of 11 ammonia-powered ships in 2026, utilizing a dual-fuel diesel-ammonia main engine, which supports the company's zero-emission goals in shipping and marks a significant step towards sustainable development.
See More
Major Stocks Including Micron, Endeavour Silver, First Majestic Silver, and Applied Digital Experience Gains on Friday
U.S. Stock Market Performance: U.S. stocks rose on Friday, with the Dow Jones gaining approximately 300 points, driven by positive earnings reports, particularly from Dell, which boosted investor sentiment in the tech sector.
Micron Technology Surge: Shares of Micron Technology increased by 2.5% to $235.92, as investors interpreted Dell's strong earnings as a sign of broader strength in the technology market.
Notable Stock Gains: Several companies saw significant stock price increases, including DeFi Technologies (up 20.5%), YD Bio Ltd (up 13.7%), and Savara Inc (up 12.3%), reflecting positive developments in their respective sectors.
Precious Metals and Crypto Stocks Rise: Stocks related to precious metals and cryptocurrencies also experienced gains, with First Majestic Silver Corp and Intel Corporation rising notably, as gold and silver prices increased and Bitcoin surpassed $90,000.
See More
Cmb.Tech NV announces $0.05 interim dividend payment
Dividend Announcement: Cmb.Tech NV (CMBT) has declared an interim dividend of $0.05 per share, payable on January 15, with shareholders of record on January 7 and an ex-dividend date also on January 7.
Financial Performance: In its recent earnings report, Cmb.Tech NV reported a GAAP EPS of $0.07, which missed expectations by $0.13, while revenue of $454.25 million exceeded forecasts by $60.88 million.
Strategic Investments: Cmb.Tech has acquired a 51% stake in a hydrogen joint venture in Namibia, indicating a focus on renewable energy initiatives.
Fleet Renewal: The company continues its fleet renewal efforts, positioning itself for growth in the shipping sector, which is expected to outperform through 2026.
See More
CMB.TECH Sells Two VLCCs, Realizing $98.2 Million Gain
- Asset Sale Gains: CMB.TECH successfully sold two VLCCs, Ingrid and Ilma, both built in 2012 with a deadweight tonnage of 314,000, realizing an estimated capital gain of approximately $98.2 million in Q2 2026, significantly enhancing the company's financial position.
- Delivery Timeline: The vessels are scheduled for delivery to their new owner in Q2 2026, ensuring that this substantial capital appreciation will be reflected in the company's upcoming financial reports, thereby boosting market confidence.
- Company Overview: CMB.TECH is one of the largest listed diversified maritime groups globally, operating a fleet of about 250 vessels, including dry bulk carriers, crude oil tankers, and chemical tankers, showcasing its robust capabilities and market position in the shipping industry.
- Future Outlook: This transaction not only strengthens the company's capital structure but also provides funding for future investments and expansions, as CMB.TECH plans to continue innovating in hydrogen and ammonia fuel, further solidifying its market leadership.
See More
CMB.TECH Sells Eight Vessels, Generating $269.2 Million Capital Gain
- Vessel Sale Gains: CMB.TECH has successfully sold eight vessels, generating an estimated capital gain of approximately $269.2 million in Q1 2026, significantly enhancing the company's financial position and providing funding for future investments.
- VLCC Sales Details: The sale of six VLCCs is expected to yield around $261.1 million, aligning with the company's strategic goal of fleet rejuvenation while optimizing its asset structure.
- Capesize Vessel Transactions: Additionally, the sale of two Capesize vessels is projected to generate $8.1 million, further improving liquidity and reducing debt obligations for the company.
- Profit Distribution Plan: CMB.TECH intends to allocate 50% of the profits from these sales to repay existing debt, reflecting its commitment to prudent financial management and shareholder returns.
See More
CMB.TECH Invests in Chinese Ammonia Supply Chain with 158,000 Tonnes Annual Production
- Green Ammonia Investment: CMB.TECH has signed an off-take agreement with CEEC Hydrogen Energy to produce 158,000 tonnes of green ammonia annually in Jilin Province, with commercial operations expected to commence in January 2026, thereby enhancing the company's positioning in the green energy sector.
- Strategic Partnership: CMB.TECH will acquire a minority stake in Jiangsu Andefu Energy Technology, creating an industrial partnership that supports maritime decarbonization and the development of green ammonia supply infrastructure, which will strengthen its competitive edge in the market.
- Storage Facility Development: Andefu is constructing a 49,000 m³ low-temperature ammonia storage tank in Nanjing, scheduled for commissioning in Q1 2026, which will provide critical capacity for ammonia distribution and future marine fuel applications.
- Vessel Delivery Plans: CMB.TECH plans to take delivery of 11 ammonia-powered ships in 2026, featuring dual-fuel engines, marking a significant advancement in the company's journey towards zero-emission maritime transportation.
See More
CMB.TECH Invests in Chinese Ammonia Supply Chain with 158,000 Tonnes Annual Production
- Green Ammonia Investment: CMB.TECH has signed an off-take agreement with CEEC Hydrogen Energy to produce 158,000 tonnes of green ammonia annually in Jilin Province, with commercial operations expected to commence in January 2026, thereby enhancing the company's competitiveness in the green energy market.
- Strategic Partnership: CMB.TECH will acquire a minority stake in Jiangsu Andefu Energy, creating an industrial partnership that supports maritime decarbonization and the development of green ammonia supply infrastructure, further advancing sustainable shipping initiatives.
- Storage Capacity Enhancement: The 49,000 m³ low-temperature ammonia storage tank being constructed by Andefu in Nanjing is scheduled for commissioning in Q1 2026, providing critical hub capacity for ammonia distribution and future marine fuel applications.
- Vessel Delivery Plan: CMB.TECH plans to take delivery of 11 ammonia-powered ships in 2026, utilizing a dual-fuel diesel-ammonia main engine, which supports the company's zero-emission goals in shipping and marks a significant step towards sustainable development.
See More
Major Stocks Including Micron, Endeavour Silver, First Majestic Silver, and Applied Digital Experience Gains on Friday
U.S. Stock Market Performance: U.S. stocks rose on Friday, with the Dow Jones gaining approximately 300 points, driven by positive earnings reports, particularly from Dell, which boosted investor sentiment in the tech sector.
Micron Technology Surge: Shares of Micron Technology increased by 2.5% to $235.92, as investors interpreted Dell's strong earnings as a sign of broader strength in the technology market.
Notable Stock Gains: Several companies saw significant stock price increases, including DeFi Technologies (up 20.5%), YD Bio Ltd (up 13.7%), and Savara Inc (up 12.3%), reflecting positive developments in their respective sectors.
Precious Metals and Crypto Stocks Rise: Stocks related to precious metals and cryptocurrencies also experienced gains, with First Majestic Silver Corp and Intel Corporation rising notably, as gold and silver prices increased and Bitcoin surpassed $90,000.
See More
Cmb.Tech NV announces $0.05 interim dividend payment
Dividend Announcement: Cmb.Tech NV (CMBT) has declared an interim dividend of $0.05 per share, payable on January 15, with shareholders of record on January 7 and an ex-dividend date also on January 7.
Financial Performance: In its recent earnings report, Cmb.Tech NV reported a GAAP EPS of $0.07, which missed expectations by $0.13, while revenue of $454.25 million exceeded forecasts by $60.88 million.
Strategic Investments: Cmb.Tech has acquired a 51% stake in a hydrogen joint venture in Namibia, indicating a focus on renewable energy initiatives.
Fleet Renewal: The company continues its fleet renewal efforts, positioning itself for growth in the shipping sector, which is expected to outperform through 2026.
See More
