CMBT
Cmb.Tech N.V. · Industrials
Cmb.Tech N.V. · Industrials
Cmb.Tech NV, engages in marine transportation business. The company operates through three division: Marine, H2 Infra, and H2 Industry. The Marine division owns and operates fleet of crude oil tankers, bulk carriers, container ships, chemical, offshore wind supply vessels, tugboats, and ferries. This division have 88 conventional fuel vessels and 64 vessels. The H2 Infra division develops and secures green molecule supplies; and produces and distributes green hydrogen and ammonia fuels. The H2 Industry division provides scalable dual-fuel industrial applications. The company was formerly known as Euronav NV and changed its name to Cmb.Tech NV in October 2024. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. Cmb.Tech NV is a subsidiary of CMB NV.
Industrials
Marine Shipping
2,752
2000-02-17
0.08

CMB.Tech (CMBT) has transformed from a tanker operator into a diversified shipping platform following the Golden Ocean merger. The merger expanded CMBT's fleet to over 250 ships, enhancing scale and segment diversification between tankers and dry bulk. Revenue surged 77% to $1.67 billion post-merger, but net profit dropped sharply to $139 million due to higher financial costs and amortization.

CMB.TECH is now a highly leveraged play on freight rates, with over 80% spot exposure post-merger and tripled operating scale. Reported EPS is distorted by one-off Golden Ocean deal costs; normalized earnings and EBITDA provide a clearer view of CMBT's true earnings power. CMBT's valuation and investment case hinge on freight rate sensitivity, with current market cap implying mid-to-high cycle TCE rates ($35k–45k/day).

CMB.TECH ANNOUNCES FINAL YEAR RESULTS ANTWERP, Belgium, 31 March 2026 – CMB.TECH NV (“CMBT”, “CMB.TECH” of “the company” (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) reported its final financial results today for the full year ended 31 December 2025. HIGHLIGHTS 2025 Financial highlights: Profit of USD 89.1 million in Q4 2025 bringing full year profit to USD 139.1 million No major changes compared to the preliminary figures published on 26/2/26 Total contract backlog increased to USD 3.05 billion Fleet highlights: CMB.TECH focused on its fleet rejuvenation with 17 newbuild deliveries 8 Newcastlemaxes 1 Crude oil tanker 1 Chemical tanker 5 CTVs 2 CSOVs Further fleet expansion with 9 vessels ordered (6 chemical tankers, 2 CTVs and 1 MP-ASV) Sale of 12 older vessels (5 VLCCs, 2 Suezmaxes, 2 Capesizes, 2 Panamaxes and 1 CTV) Fortescue and CMB.TECH signed agreement for ammonia-powered Newcastlemax CMB.TECH and MOL signed landmark agreement for nine ammonia-powered vessels Corporate highlights: On March 4 2025, CMB.TECH announced that it entered into a share purchase agreement with Hemen Holding Limited for the acquisition of 81,363,730 shares in Golden Ocean Group Limited.

CMB.TECH NV (CMBT) Q4 2025 Earnings Call Transcript

CMB.TECH ANNOUNCES Q4 2025 RESULTS EIGHT VLCCS SOLD AT STELLAR PRICES ANTWERP, Belgium, 26 February 2026 – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) reported its unaudited financial results today for the fourth quarter ended 31 December 2025. HIGHLIGHTS Financial highlights: Profit for the period of USD 90.1 million in Q4 2025.

Antwerp, Feb. 12, 2026 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMBT”, “CMB.TECH” or “the Company”) will release its fourth quarter 202 5 earnings prior to market opening on Thursday 26 February 202 6 and will host a conference call at 8 a.m. EST / 2 p.m. CET to discuss the results for the quarter.
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