CMB.TECH gains $20.4m from suezmax sale as fleet rejuvenation continues

The Belgium-based CMB.TECH NV has sealed a deal on August 25 to sell its 2010-built suezmax Sofia, 165,000-dwt, for a net sale price of $40.1m.

The sale will generate a capital gain of approximately $20.4m in the fourth quarter of 2025. Delivery to its new owner is expected in the fourth quarter of 2025.

Earlier this year, the company announced that it had sold three VLCCs, the 2012-built Iris (314,000 dwt), the 2010-built Hakone (302,624 dwt) and the 2010-built Hakata (302,550 dwt) as part of its fleet rejuvenation.

As it is reported, the sales