CMB.TECH banks $46.5m from triple sale

Energy News Beat

Antwerp-based owner and operator CMB.TECH has offloaded three of its vessels, securing a profit of $46.52m.

The Saverys family-led group is shipping out the 2007-built suezmax tanker Cap Lara in a deal that will bring in a capital gain of $18.77m.

The 2007 Samsung-built 158,826 dwt will be delivered to an undisclosed buyer in the first quarter of 2025.

The company has also wrapped up the sale of the 2012-built VLCC Alsace at a profit of about $27.5m which will be booked in Q1 this year. S&P databases show the scrubbed-fitted vessel was sold to French energy major TotalEnergies for $72m.

Meanwhile, the group’s crew transfer vessel operator Windcat is letting go of its 2007-built Windcat 6 after 18 years of service. The sale will generate a profit of $0.25m and change hands at the end of January 2025.

New York and Brussels-listed CMB.TECH owns and operates a diversified fleet of more than 160 ships, including tankers, bulkers, containerships, offshore wind vessels and tugs.

The post CMB.TECH banks $46.5m from triple sale appeared first on Energy News Beat.

 

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