CMB.TECH
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CMB.TECH to Announce Q3 2025 Results on November 26, 2025
CMB.TECH (CMBT & CMBTO) will release its Q3 2025 financial results on November 26, 2025, before market open, followed by a conference call at 8:00 a.m. EST / 2:00 p.m. CET. The call will discuss quarterly performance and strategic initiatives, including the company’s focus on hydrogen and ammonia fuel solutions. Access will be available via live audio webcast or phone, with a replay and transcript provided afterward on the Investor Relations page. CMB.TECH is a maritime group specializing in clean technologies.
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CMB.TECH Announces Q2 2025 Results
CMB.TECH (CMBT) reported mixed Q2 2025 results. While revenue increased to $387.8 million, the company posted a net loss of $7.6 million, a stark contrast to the $184.4 million profit in Q2 2024. EBITDA also declined to $224.1 million. The merger with Golden Ocean was completed, creating a 250-vessel fleet. CMB.TECH declared an interim dividend of $0.05 USD and maintains a strong contract backlog of $2.93 billion. Vessel sales generated significant capital gains. Legal challenges from Golden Ocean shareholders remain.
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CMB.TECH Updates on Golden Ocean Merger Process
CMB.TECH’s merger with Golden Ocean is progressing, with Golden Ocean shareholders voting on approval August 19, 2025. The stock-for-stock merger entails an exchange ratio of 0.95 CMB.TECH shares per Golden Ocean share. Pending shareholder approval and secondary listing on Euronext Oslo Børs, the merger is expected to close around August 20, 2025, initiating trading of new shares on multiple exchanges. The company has received demand letters and faces potential dissenting shareholder actions and legal proceedings, and must complete Golden Ocean’s refinancing.