CMB. TECH maritime operations and financial performance

CMB. TECH NV, a maritime group based in Antwerp, Belgium, has engaged in several vessel sales and reported strong financial results for the second quarter of 2026.

In early August, the company announced the sale of the 2016-built very large crude carrier (VLCC) Donoussa, a transaction expected to yield a capital gain of approximately US$74.4 million.

By late August, the company reported a net profit of USD 364.4 million for Q2 2026, a significant increase from the USD 7.8 million profit recorded during the same period in 2025. The company noted that it has completed the sale of several vessels, including two VLCCs and a Suezmax tanker, for USD 127.4 million in proceeds. Additional sales of a VLCC and three Suezmax tankers are anticipated to generate roughly USD 231.4 million by the fourth quarter of 2026.

Alongside these sales, the company has expanded its fleet with the delivery of nine newbuild vessels and entered an agreement with Fortescue to charter up to 12 ammonia-powered Newcastlemax vessels.