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An announcement from Euronav ( (CMBT) ) is now available.
CMB.TECH has sold two very large crude carriers, the Ingrid and Ilma, both built in 2012 and each with a deadweight of 314,000 tonnes. The disposals, scheduled for completion in the second quarter of 2026, will generate an estimated capital gain of about $98.2 million for that period.
The transaction underscores CMB.TECH’s active management of its tanker fleet and balance sheet as it continues to position itself within both traditional shipping markets and emerging clean-fuel segments. Investors will be watching how the gain feeds into upcoming financial results and whether it signals further portfolio reshaping across the group’s 250-vessel fleet.
The most recent analyst rating on (CMBT) stock is a Buy with a EUR11.60 price target. To see the full list of analyst forecasts on Euronav stock, see the CMBT Stock Forecast page.
More about Euronav
CMB.TECH is a large, diversified maritime group headquartered in Antwerp, operating a fleet of about 250 vessels spanning dry bulk, crude oil tankers, chemical tankers, container ships, offshore wind vessels and port vessels. The company also develops and supplies hydrogen and ammonia fuel solutions, and is listed in Brussels, New York and Oslo under the ticker CMBT/CMBTO.
YTD Price Performance: 29.70%
Average Trading Volume: 286,326
Current Market Cap: €3.04B
For a thorough assessment of CMBT stock, go to TipRanks’ Stock Analysis page.