CMB.TECH Sells Eight Vessels, Generating $269.2 Million Capital Gain
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Source: Globenewswire
- 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.
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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: 12.730
Low
13.50
Averages
13.65
High
13.80
Current: 12.730
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 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.
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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.
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