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Home Logistics News

CMB.TECH sells three VLCCs

April 30, 2025
in Logistics News
CMB.TECH sells three VLCCs
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CMB.TECH has revealed it has sold three more VLCCs as part of an ongoing fleet rejuvenation programme.
The sales of the 2010-built Hakata and Hakone as well as the 2012-built Iris to unidentified buyers have generated a total capital gain of $96.7m.
CMB.TECH and dry bulk concern Golden Ocean aim to finalise a merger deal during the second quarter of 2025 and to complete the merger in the third quarter, after which CMB.TECH would remain listed in New York and Brussels and pursue a secondary listing in Oslo, with the company controlling around 250 ships.
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