(CMBT) Euronav - Ratings and Ratios

Cmb.Tech NV operates a multifaceted marine transportation business, with a diverse range of activities spanning across three primary divisions: Marine, H2 Infra, and H2 Industry. The Marine division is responsible for managing a sizable fleet, comprising crude oil tankers, bulk carriers, container ships, chemical tankers, offshore wind supply vessels, tugboats, and ferries. This extensive fleet consists of 88 conventional fuel vessels and an additional 64 vessels, underscoring the company's significant presence in the global marine transportation sector.

The H2 Infra division is focused on developing and securing supplies of green molecules, as well as producing and distributing green hydrogen and ammonia fuels. This division plays a critical role in supporting the company's transition towards more sustainable and environmentally friendly operations. By investing in green infrastructure, Cmb.Tech NV is well-positioned to capitalize on the growing demand for low-carbon energy solutions and reduce its reliance on traditional fossil fuels.

The H2 Industry division, on the other hand, is centered on providing scalable dual-fuel industrial applications, enabling customers to transition towards more sustainable energy sources. This division leverages the company's expertise in marine transportation and logistics to deliver tailored solutions for industrial clients seeking to reduce their environmental footprint. By offering dual-fuel capabilities, Cmb.Tech NV can help its customers navigate the complexities of energy transition and achieve their sustainability goals.

Formerly known as Euronav NV, the company underwent a rebranding exercise in October 2024, emerging as Cmb.Tech NV. Founded in 2003 and headquartered in Antwerp, Belgium, Cmb.Tech NV is a subsidiary of CMB NV, a prominent player in the global shipping and logistics industry. With its rich history and extensive experience in marine transportation, Cmb.Tech NV is poised to continue playing a significant role in the global energy landscape, driven by its commitment to innovation, sustainability, and customer satisfaction. The company's shares are listed on the New York Stock Exchange (NYSE) under the ticker symbol CMBT, and its web presence can be accessed at https://www.cmb.tech, with the ISIN code BE0003816338 and classified under the GICS Sub Industry: Oil & Gas Storage & Transportation.