CMB.TECH and Golden Ocean merger will create 250 ship behemoth

Capt. John

CMB.TECH NV [NYSE: CMBT] and Golden Ocean Group Limited [NASDAQ: GOGL] are set to merge, creating one of the largest diversified listed maritime groups in the world with a combined fleet of more than 250 vessels.

The merger agreement comes after Saverys-family-controlled tanker company CMB.TECH last month acquired the controlling stake in dry bulk operator Golden Ocean held by John Fredriksen’s Hemen Holdings for nearly $1.3 billion.

Alexander Saverys, CEO of CMB.TECH, commented: “By merging...

https://www.marinelog.com/news/cmb-tech-and-golden-ocean-merger-will-create-250-ship-behemoth/

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