Maritime and Logistics News
  • Maritime & Ocean News
    • Container Shipping News
    • Dry Bulk Shipping News
    • Breakbulk Shipping News
    • Chemical Shipping News
    • Crude Oil Shipping News
    • Cruise Shipping News
    • Fishing News
    • Freight Forwarders News
    • LNG & LPG Shipping News
    • Multimodal Transport News
    • Railway News
    • Straits News
    • Trucking News
  • Global Ports News
    • Port Accidents News
    • Port Congestion News
    • Port Infrastructure News
    • Port Strike News
    • Schedules News
  • Air Cargo News
    • Air Cargo Carriers News
    • Air Freight Forwarder News
    • Airports News
  • Logistics News
    • Supply Chain News
    • Warehousing News
    • Cold Storage News
    • Logistics Parks News
  • Vessels News
    • Bunkering News
    • Incidents News
    • Offshore News
    • Pilotage News
    • Piracy News
    • Services News
    • Ship Breaking News
    • Shipbuilding News
  • Tech. & Sustainability News
    • Green Logistics News
    • Responsibility Projects News
    • Useful Maritime Associations News
  • English
    • English
    • Deutsch
Tuesday, October 14, 2025
Advertisement
No Result
View All Result
No Result
View All Result
No Result
View All Result
Home Logistics News

CMB.TECH banks $20m from suezmax sale as fleet renewal rolls on

August 28, 2025
in Logistics News
CMB.TECH banks $20m from suezmax sale as fleet renewal rolls on
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
Antwerp-based CMB.TECH has agreed to sell its 2010-built suezmax Sofia for a net price of $40.1m, generating a gain of about $20.4m. Delivery to the undisclosed buyer is expected in the fourth quarter of 2025.
The deal for the 165,000-dwt vessel, built at Hyundai Samho Heavy Industries, is in line with VesselsValue’s estimate, pricing the unit at $40.7m.
The move is part of the Saverys family-led group’s ongoing fleet rejuvenation programme, which last year saw five older suezmaxes, built between 2006 and 2008, exit the fleet.
The Sofia deal follows a series of tanker disposals in 2025. Earlier this year, CMB.TECH’s tanker arm Euronav sold the 2012-built VLCC Iris for a $57.1m gain in Q2, while the sales of the 2010-built VLCCs Hakone and Hakata are set to bring in a combined $39.3m in Q3. Together with Sofia, the three VLCCs and one suezmax will generate nearly $117m in capital gains this year.
Following its merger with Golden Ocean earlier this month, the Alexander Saverys-led company now controls a fleet of around 250 vessels, spanning bulk carriers, crude and product tankers, chemical carriers, containerships and offshore wind vessels. The merger added 89 dry bulk vessels to CMB.TECH’s portfolio, strengthening its position as one of Europe’s most diversified shipowners.
In a governance shift, Marc Saverys, father of the CEO, has stepped down as chairman of the supervisory board of the enlarged company.
Euronav currently operates 18 suezmaxes with an average age of just over seven years and has two newbuildings on order.
Tags: AndBuiltOf TheThe

Related Posts

Cavotec MoorMaster Systems operational at Iroquois Lock
Container Shipping News

Cavotec MoorMaster Systems operational at Iroquois Lock

October 14, 2025
CMA CGM HELIUM officially named and enters service
Container Shipping News

CMA CGM HELIUM officially named and enters service

October 14, 2025
Canada Post restarts operations, manages delays from rolling strikes
Freight Forwarders News

Canada Post restarts operations, manages delays from rolling strikes

October 14, 2025
Port of Barcelona awards €52M BlueTechPort construction
Container Shipping News

Port of Barcelona awards €52M BlueTechPort construction

October 14, 2025
New China sanctions on South Korean company aiding U.S. shipbuilding
Freight Forwarders News

New China sanctions on South Korean company aiding U.S. shipbuilding

October 14, 2025
Wärtsilä launches GEMS Pulse to optimise battery storage revenue
Container Shipping News

Wärtsilä launches GEMS Pulse to optimise battery storage revenue

October 14, 2025
  • Trending
  • Comments
  • Latest
Trump to name Fox TV host Sean Duffy to head DOT

Trump to name Fox TV host Sean Duffy to head DOT

November 19, 2024
FedEx sends specialists to streamline European operations

FedEx sends specialists to streamline European operations

August 21, 2025
Vintage VLCC prices firm up

Vintage VLCC prices firm up

February 25, 2025
At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

November 18, 2024
PUMA Chooses Maersk Warehouse,

PUMA Chooses Maersk Warehouse

0
Cape Rates Soar to $40,000 Per Day, Surging Twofold Within One Week

Cape Rates Soar to $40,000 Per Day, Surging Twofold Within One Week

0
Allelys Successfully Navigates Challenges in Transporting Cargo to Rothienorman Substation

Allelys Successfully Navigates Challenges in Transporting Cargo to Rothienorman Substation

0
Hanwha Ocean secures a contract for an ultra-large ammonia carrier

Hanwha Ocean secures a contract for an ultra-large ammonia carrier

0
Cavotec MoorMaster Systems operational at Iroquois Lock

Cavotec MoorMaster Systems operational at Iroquois Lock

October 14, 2025
CMA CGM HELIUM officially named and enters service

CMA CGM HELIUM officially named and enters service

October 14, 2025
Canada Post restarts operations, manages delays from rolling strikes

Canada Post restarts operations, manages delays from rolling strikes

October 14, 2025
Port of Barcelona awards €52M BlueTechPort construction

Port of Barcelona awards €52M BlueTechPort construction

October 14, 2025

Recent News

Cavotec MoorMaster Systems operational at Iroquois Lock

Cavotec MoorMaster Systems operational at Iroquois Lock

October 14, 2025
CMA CGM HELIUM officially named and enters service

CMA CGM HELIUM officially named and enters service

October 14, 2025
Canada Post restarts operations, manages delays from rolling strikes

Canada Post restarts operations, manages delays from rolling strikes

October 14, 2025
Port of Barcelona awards €52M BlueTechPort construction

Port of Barcelona awards €52M BlueTechPort construction

October 14, 2025

Stay ahead in the dynamic world of maritime and logistics with our comprehensive news coverage. Explore the latest industry trends, breaking news, and insightful analyses. Your gateway to informed decision-making in shipping, trade, and logistics awaits.

Follow Us

Our Partners

shipstrack.com
E-tracking
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020-2024 SeasNews - Shipping News & Magazine.

No Result
View All Result

© 2020-2024 SeasNews - Shipping News & Magazine.