CMB.TECH NV (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) (“CMB.TECH”) provides a market update. During Q3 and Q4 to date, CMB.TECH has continued its fleet rejuvenation strategy with the sale of two older vessels and the delivery of five newbuild vessels.

Fleet update

Deliveries

CMB.TECH took delivery of 5 newbuilding vessels in Q3 and Q4 to date:

• Eco-Newcastlemaxes: Mineral Slovensko and Mineral Slovenija
• Chemical tanker: Bochem Santos
• CTV: Windcat 58
• CSOV: Windcat Rotterdam

Sales & TC updates

Euronav

CMB.TECH has sold the VLCC Dalma (2007, 306,543 dwt). The sale will generate a capital gain of 26.7 million USD. The vessel will be delivered to its new owner during Q4 2025.

The time charter of the VLCC Donoussa (2016, 299,999 dwt) is extended for another 11 months, until October 2026. Hakata (2010, 302,550 dwt) & Hakone (2010, 302,624 dwt) were delivered to their new owners in Q3 2025, generating a total capital gain of approx. 39.3 million USD in Q3 2025.

Bocimar

CMB.TECH has sold the capesize Battersea (2009, 169.390 dwt). The sale will generate a total capital gain of 2.4 million USD. The vessel will be delivered to its new owner during Q4 2025. Estimated time charter equivalent earnings (TCE) The estimated average daily time charter equivalent rates (TCE, a non IFRS-measure) can be summarised as follows:

Full Report

Source: CMB.TECH