CMB.TECH NV

CMBT

Market cap $4.46B

Antwerp, May 21, 2026 (GLOBE NEWSWIRE) -- CMB.TECH  NV (“ CMBT ”, “ CMB.TECH ” or “the  c ompany”)  (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo  Børs : CMBTO) announces that today the General Meeting of Shareholders has approved the annual accounts for the year ended 31 December 202 5 . All other resolutions proposed by CMB.TECH's Supervisory Board  were also  approved.   Re appointment of Supervisory Board members  for a period of  three  years

Ongoing tensions in the Strait of Hormuz have gone from a temporary shipping disruption to a lasting driver of expanded margins for shipping companies.  The effective closure of this critical waterway has constrained global fleet capacity, allowing operators with unhedged spot exposure and modern tonnage to capture unprecedented pricing premiums.

CMB.TECH NV (CMBT) Q1 2026 Earnings Call Transcript

CMB.TECH NYSE: CMBT reported a strong first quarter of 2026, with management highlighting higher revenue, reduced leverage, lower financing costs and substantial gains from vessel sales during an earnings call titled “Firing on All Cylinders.”

The tanker market is booming, but whether reopening the Strait of Hormuz would ​send freight rates soaring or crashing is still uncertain, ‌the head of Belgian tanker firm CMB.Tech said on Tuesday.

CMB.TECH ANNOUNCES Q1 2026 RESULTS FIRING ON ALL CYLINDERS ANTWERP, Belgium, 19 May 2026 – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the company”) (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) reported its unaudited financial results today for the first quarter ended 31 March 2026. HIGHLIGHTS Financial highlights: Profit for the period of USD 368.8 million in Q1 2026.

ANTWERP, Belgium, 7 May 2026 – CMB.TECH NV  (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) (“CMBT”, “CMB.TECH” or “the Company”) will release its first quarter 2026 earnings prior to market opening on Tuesday 19 May 2026 and will host a conference call at 8 a.m. EST / 2 p.m. CET to discuss the results for the quarter.

ANTWERP, Belgium, 21 April 2026, 08:00 a.m. CET – CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH” or the “Company”) (NYSE: CMBT, Euronext Brussels: CMBT en Euronext Oslo Børs: CMBTO) published its annual report in accordance with Belgian law and submits Form 20-F for the year ended on 31 December 2025. CMB.TECH further invites its shareholders to participate in the Annual General Meeting and the Special General Meeting that will be held on Thursday 21 May 2026.

CMB.Tech (CMBT) has transformed from a tanker operator into a diversified shipping platform following the Golden Ocean merger. The merger expanded CMBT's fleet to over 250 ships, enhancing scale and segment diversification between tankers and dry bulk. Revenue surged 77% to $1.67 billion post-merger, but net profit dropped sharply to $139 million due to higher financial costs and amortization.

CMB.TECH is now a highly leveraged play on freight rates, with over 80% spot exposure post-merger and tripled operating scale. Reported EPS is distorted by one-off Golden Ocean deal costs; normalized earnings and EBITDA provide a clearer view of CMBT's true earnings power. CMBT's valuation and investment case hinge on freight rate sensitivity, with current market cap implying mid-to-high cycle TCE rates ($35k–45k/day).