Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships

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.

https://www.offshore-energy.biz/saverys-says-investing-in-future-proof-ships-makes-sense-now-reveals-a-pipeline-of-120-hydrogen-and-ammonia-powered-ships/

Euronav set to acquire CMB.TECH

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/

Euronav to acquire design firm specialising in hydrogen-fuelled vessels

Antwerp-based shipping company Euronav and controlling shareholder CMB have entered into a share purchase agreement for the acquisition of 100 per cent of the shares in CMB.Tech for a purchase price of US$1.15 billion in cash. CMB.Tech builds, owns, operates, and designs large marine and industrial...

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-operations-maintenance/crew-transfer/euronav-to-acquire-design-firm-specialising-in-hydrogen-fuelled-vessels/

New generation takes the reins at Exmar

One shipping dynasty that’s been much in the news this year, notably in the long-drawn battle for control of Euronav, has been Belgium’s Saverys family. Dynasties, of course, involve successions and the New Year will see a change in leadership at Antwerp-headquartered Exmar, where Carl-Antoine Saverys will become CEO on January 1, taking over from Francis Mottrie who will stay on board as COO.

Exmar, which is 81% owned by the Saverys family’s holding company SAVEREX, has a fleet of more than 40...

https://www.marinelog.com/legal/shipping/new-generation-takes-the-reins-at-exmar/

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