Euronav (CMBT) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Euronav NV has announced the sale of two Suezmax vessels to CMB NV subsidiary, leading to a capital gain of 61.38 million USD, as part of its fleet rejuvenation strategy. The company, which will soon rebrand as CMB.TECH but retain its crude oil tanker division under the Euronav name, emphasizes its diversified maritime group’s focus on future-proof hydrogen and ammonia applications. The vessels’ transfer to the new owner is scheduled for September 26, 2024.
For further insights into CMBT stock, check out TipRanks’ Stock Analysis page.
