CMB.Tech NV Releases Transcript of Q2 2025 Earnings Call Highlighting Merger with Golden Ocean
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.
CMB.TECH NV recently held its Q2 2025 earnings call, featuring discussions led by CEO Alexander Saverys and CFO Ludovic Saverys, with participation from colleagues Ludovic, Joris, and Enya. The event highlighted the completion of the merger between CMB.TECH and Golden Ocean on August 20, creating a leading diversified maritime group. This strategic move was made in anticipation of favorable market conditions over the next 12 to 24 months. CEO Alexander Saverys remarked, “We see a low orderbook to fleet ratio in segments like dry bulk and tankers, expecting better rates.” Financially, the company reported a loss of $7.6 million and an EBITDA of $224 million. CFO Ludovic Saverys announced a dividend of $0.05 per share to be issued from Q2 figures, payable starting in October. He also highlighted a new $2 billion facility, with $1.25 billion used to refinance the Golden Ocean fleet. The focus remains on the dry bulk division, Bocimar, which has become the company’s largest division. An emphasis was placed on sustainability, with the upcoming installation of the first ammonia engine on a Newcastlemax vessel. The full transcript can be accessed through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CMB.Tech NV published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
