Cmb.Tech provides marine transportation business in Belgium. Its business is organized into three divisions: Marine, H2 Infra, and H2 Industry. The Marine division designs, builds, owns, and operates various low and zero carbon ships and vessels, such as crew transfer vessels, ferries, commissioning service operations vessels, tugboats, ammonia-powered large bulk carriers, container ships, and chemical and crude oil tankers.
The H2 Infra division develops and secures green molecule supplies; and produces and distributes green hydrogen and ammonia. The H2 Industry division provides scalable dual-fuel industrial applications. Founded in 1989 and headquartered in Antwerp, Belgium, Cmb.Tech was formerly known as Euronav NV before rebranding in October 2024. Cmb.Tech NV is a subsidiary of CMB NV.
Cmb.Tech NV, formerly known as Euronav NV, is a Belgium-based company that provides marine transportation services. Its business is organized into three divisions: Marine, H2 Infra, and H2 Industry. The Marine division designs, builds, owns, and operates a wide range of low and zero carbon ships and vessels, including crew transfer vessels, ferries, commissioning service operations vessels, tugboats, ammonia-powered large bulk carriers, container ships, and chemical and crude oil tankers. The H2 Infra division focuses on developing and securing green molecule supplies, as well as producing and distributing green hydrogen and ammonia. The H2 Industry division provides scalable dual-fuel industrial applications. The company was founded in 1989 and is headquartered in Antwerp, Belgium.
On which stock exchange is Cmb.Tech NV (CMBT) listed and what is its currency?
Cmb.Tech NV is listed on the New York Stock Exchange (NYSE) under the ticker symbol CMBT. The trading currency for its shares is the US Dollar (USD). Being listed on the NYSE provides the company with access to a broad base of international investors and enhances its visibility in the global capital markets.
What sector and industry does Cmb.Tech NV (CMBT) operate in?
Cmb.Tech NV operates in the Energy sector, specifically within the Oil & Gas Midstream industry. As a midstream company, it is involved in the transportation, storage, and distribution of oil, gas, and related products. However, Cmb.Tech's focus extends beyond traditional midstream activities, as it also develops low and zero carbon shipping solutions and green hydrogen and ammonia infrastructure, positioning itself at the intersection of energy transportation and the transition to cleaner fuels.
Where is Cmb.Tech NV (CMBT) headquartered and what is its history?
Cmb.Tech NV is headquartered in Antwerp, Belgium. The company was founded in 1989 and was formerly known as Euronav NV before rebranding in October 2024. It operates primarily in Belgium but serves global markets through its marine transportation and hydrogen infrastructure divisions. Cmb.Tech NV is a subsidiary of CMB NV, indicating that it is part of a larger corporate group with interests in shipping and clean energy.
How does Cmb.Tech NV (CMBT) generate revenue?
Cmb.Tech NV generates revenue through its three business divisions. The Marine division earns income by designing, building, owning, and operating a fleet of low and zero carbon vessels, including crew transfer vessels, ferries, tugboats, bulk carriers, container ships, and tankers. These vessels are chartered or operated for clients in the offshore, shipping, and energy sectors. The H2 Infra division generates revenue by developing and securing supplies of green molecules, as well as producing and distributing green hydrogen and ammonia. The H2 Industry division provides scalable dual-fuel industrial applications, likely through equipment sales or licensing. Together, these divisions allow Cmb.Tech to participate in both traditional marine transportation and the emerging clean energy economy.