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/
CMB.TECH has entered into a share purchase agreement with Hemen Holding Limited for the acquisition of 81,363,730 shares in Golden Ocean Group Limited at a price of US$14.49 per share.
The transaction will not trigger a mandatory takeover bid or similar offer in Bermuda, Norway, the United States, or any other jurisdiction, according to the statement.
This acquisition is in line with CMB.TECH’s strategic objective of diversification, with the company intending to become a long-term shareholder in...
https://container-news.com/cmb-tech-acquires-hemen-stake-in-golden-ocean/
Damen Shipyards, Windcat and CMB.TECH have held a ceremony celebrating the launch of the first of six Windcat Elevation Series of future-proof offshore wind farm Commissioning Service Operation Vessels (CSOVs).
The launch ceremony took place October 12 at Ha Long Shipyard in Vietnam, where Damen is constructing all six CSOVs. With this first CSOV in the water, Damen will continue with its outfitting and commissioning operations to prepare the vessel for delivery in second quarter2025.
Belgian marine engineering firm CMB.Tech has entered into a partnership with the aim of developing ASD tugs fitted with dual-fuel hydrogen propulsion systems. Each tug in the series will have a length of 28 metres and a bollard pull of 80 tonnes. The vessels will each feature four high-speed,...
CMB.TECH and Damen have signed an agreement that will see Damen build four 80-tonnes bollard pull tugs powered by a CMB.TECH hydrogen dual fuel solution.
The agreement was signed May 23 during the 27th International Tug & Salvage (ITS) Convention in Dubai in a ceremony that came after, earlier in the day, Lloyd’s Register had presented the two companies with an Approval in Principle (AiP) for the hydrogen solution that will be installed in the tugs.
The vessels will each feature four high speed...
Belgian marine engineering firm CMB.Tech has secured an order for the development of an ammonia-powered container vessel in partnership with Norwegian companies Yara Clean Ammonia, North Sea Container Line, and Yara International. The vessel, to be named Yara Eyde, will be a 1,400TEU, ice-class...
CMB.TECH announces the order of the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International through a 15-year deal.
The vessel, to be named Yara Eyde, is a 1,400 TEU ice-class container ship to be built at Qingdao Yangfan Shipbuilding (Qingdao, China). Expected to be delivered by mid-2026, the Yara Eyde is set to become the world’s first ammonia-powered container vessel and will run on clean ammonia, serving routes...
https://container-news.com/cmb-tech-to-own-worlds-first-ammonia-powered-container-vessel/
A new hydrogen-fuelled tug has begun operating at the Port of Antwerp-Bruges in Belgium as part of a demonstration project that seeks to reduce emissions with the aid of environment-friendly alternative fuels. Hydrotug 1 was built by Armon Shipyard in Spain to a design by Belgian marine engineering...
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/