CMB.Tech shares rise on sale of eight vessels

CMB.TECH NV

08/01/2026 08:45

** Shares in CMB.Tech CMBT.BR rise 4.4% after the Belgian oil tanker group announced the sale of eight vessels on Wednesday

** The disposal will generate a capital gain of around $269.4 million, half of which will be redistributed to shareholders, it says

** "While we estimate the impact on [loan-to-value ratio] to be limited (falling from 68% to 66%), the trend is clear and the coinciding debt repayment will enable further repayment of the expensive bridge loan taken out to acquire Golden Ocean," KBC analysts said

** Including Thursday's rise, the CMB.Tech stock has gained 14.2% since the start of 2026

(Reporting by Alban Kacher)

((alban.kacher@thomsonreuters.com; +48 58 769 65 87))