CMB.TECH has announced the acquisition of an approximately 40.8% stake in Golden Ocean Group Limited from John Fredriksen’s Hemen Holding Limited. The deal involves 81,363,730 shares of the dry bulk…
https://gcaptain.com/cmb-tech-acquires-major-stake-in-golden-ocean-from-john-fredriksen/
Alexander Saverys’s keenness to put a shareholder dispute behind him, and press ahead with fleet renewal plans at CMB.TECH, formerly Euronav, still faces hurdles, with one especially irate investor group going so far as to create a website detailing its legal tussles. Euronav Scuttled is the web...
Compagnie Maritime Belge has managed to win just over 92% of the shares of CMB.TECH in a second tender to take control of the company formerly called Euronav. Alexander Saverys, CEO of CMB.TECH, said: “We can finally turn the page on the tender offer for the shares of our company. The fact that...
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results…
https://gcaptain.com/indias-oil-demand-drives-cmb-tech-fleet-diversification/
The Saverys family’s Compagnie Maritime Belge (CMB) has been ordered to make an additional payment to former shareholders of Euronav and to reopen and improve the offer for the remaining shares of the Belgian tanker giant. Earlier this year a court in Belgium ruled that CMB miscalculated its...
https://splash247.com/cmb-ordered-to-increase-euronav-shareholder-payout/
A court in Belgium has ruled that the Saverys family’s Compagnie Maritime Belge (CMB) miscalculated its offer price during a mandatory bid for Euronav shares. Euronav and CMB said in a statement that the Market Court in Belgium had “largely rejected” claims brought by US investors FourWorld Capital...
https://splash247.com/cmb-faces-potential-46m-shareholder-payout-for-euronav-takeover/
Arne Blystad-backed Songa Box has gone to the Saverys family to expand. Alphaliner is reporting Songa Box has bought two 2,592 teu class ships from Compagnie Maritime Berge (CMB), the Santa Marta Express and the Puerto Limon Express, paying around $46m for the pair, which are currently on charter...
https://splash247.com/blystads-songa-box-acquires-two-ships-from-cmb/
An American investor in Euronav has returned to Belgium with another lawsuit in a bid to overturn deals struck between the European tanker giant’s shareholders last year. The New York-based FourWorld Capital Management has filed a claim with Antwerp Enterprise Court seeking to declare null and void...
https://splash247.com/american-investor-takes-aim-at-euronav-again-with-new-legal-action/
Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen […]
The post Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships appeared first on Offshore Energy.
The Saverys family is continuing with the reshaping of Euronav (NYSE:EURN) following the deal that saw 24 of the company’s VLCCs being transferred to John Fredriksen’s Frontline, resolving a long-running merger battle, Euronav, whose controlling shareholder is now the Saverys family controlled CMB NV, on Friday, reached an agreement to acquire CMB’s clean tech division, CMB.TECH NV, for $1.15 billion in cash. The purchase price will be financed from the cash proceeds of the sale of the 24...
https://www.marinelog.com/news/euronav-set-to-acquire-cmb-tech/