CMB.Tech NV Releases Transcript of Q2 2025 Earnings Call Highlighting Merger with Golden Ocean
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CMB.TECH NV's Q2 2025 earnings call revealed the completion of its merger with Golden Ocean, forming a diversified maritime group. CEO Alexander Saverys noted a low orderbook to fleet ratio, anticipating improved rates in the dry bulk and tanker segments. The company reported a $7.6 million loss and $224 million EBITDA. A dividend of $0.05 per share was announced, alongside a new $2 billion facility, with $1.25 billion allocated for refinancing the Golden Ocean fleet. The focus is on sustainability, including the installation of an ammonia engine on a Newcastlemax vessel.
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