CMB.TECH sells three VLCCs

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.