CMB.TECH NV, formerly known as Euronav NV, is a global maritime transportation and green energy technology company based in Belgium. Historically operating as a pure-play crude oil tanker company, the firm underwent a major transformation following its acquisition by Compagnie Maritime Belge (CMB) and a subsequent stock-for-stock merger with Golden Ocean Group in 2025. Today, the company operates a diversified fleet of approximately 250 vessels across multiple segments. Its Marine division encompasses dry bulk carriers (Bocimar), crude oil tankers (Euronav), chemical tankers (Bochem), container ships (Delphis), and offshore wind service vessels (Windcat).
Financially, the company's revenue profile has shifted significantly. As of 2025, dry bulk shipping (Bocimar) accounts for the majority of sales at approximately 57%, while legacy crude oil tanker operations (Euronav) contribute around 34%. The remaining revenue is generated by its chemical, container, and offshore wind segments. Beyond traditional shipping, CMB.TECH focuses on maritime decarbonization. Through its H2 Infra and H2 Industry divisions, the company designs, builds, and operates hydrogen and ammonia-powered vessels and infrastructure, aiming to transition the maritime sector toward lower-carbon operations. The company maintains dual listings on Euronext Brussels and the New York Stock Exchange, leveraging its contract backlog and spot market exposure to fund its capital expenditures in green technology.
