Business Summary: CMB.TECH NV is a Belgium-based company engaged in the maritime transportation and storage of oil products. The Company provides shipping services, in addition to focusing on fleet diversification and decarbonisation in large-scale low-carbon marine and industrial applications. The Company, along with its group entities, operates in two business segments: the operation of crude oil tankers on the international markets (tankers), and the floating production, storage, and offloading operations. The group owns and operates more than 250 seagoing vessels: crude oil tankers, dry bulk tankers, container transport, chemical tankers, offshore wind vessels, tugboats and ferries. The Euronav brand remain the brand name of the crude oil tanker and offshore oil activities.
Financial Summary: BRIEF: For the three months ended 31 March 2026, CMB.TECH NV revenues increased from $235M to $519.6M. Net income increased from $44M to $368.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Gains on disposal of vessels/other tangi increase from $46.5M to $267.4M (income), Other operating income increase from $7.1M to $20.3M (income).