Search results for: CMB

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  • 17 December 2014
    Business & Finance

    Compagnie Maritime Belge (CMB) has approved the acquisition of the fleet of containerships of Delphis, a fully-owned subsidiary of SAVERCO, one of CMB’s reference shareholders. Currently Delphis operates a fleet of 14 containerships of which 7 are fully owned and 7 owned in joint venture. Of the 7 joint venture vessels, 6 are on long […]

  • 27 January 2020
    Business & Finance

    Compagnie Maritime Belge announced its commitment to tackle CO2 emissions from the shipping sector.

  • 30 November 2017
    Business & Finance

    Antwerp maritime group Compagnie Maritime Belge (CMB) has launched its new hydrogen-powered passenger vessel-the Hydroville. The vessel was christened in Antwerp and commissioned into service on November 29. The catamaran is a pilot project aimed at testing hydrogen technology for applications in large seafaring ships, CMB said. The next challenge would be to equip a […]

  • 24 April 2015
    Business & Finance

    Dry cargo shipping specialist of Belgian-based CMB, Bocimar, posted USD 41.2 million loss in the first quarter of 2015 as overcapacity exerts further pressure on the dry bulk markets. The loss has widened considerably when compared to a net loss of USD 4.4m in the previous year. This includes USD 2.9 million loss on the sale of the […]

  • 9 August 2019
    Business & Finance

    Compagnie Maritime Belge and Tsuneishi Facilities & Craft are to build a hydrogen-powered ferry. 

  • 28 June 2019
    Business & Finance

    The Newcastlemax newbuilding has a 15-year bareboat charter with Compagnie Maritime Belge (CMB).

  • 5 July 2018
    Business & Finance

    Ocean Yield ASA has taken  delivery of four 2014 built 3,800 TEU container vessels.

  • 17 June 2016
    Business & Finance

    Chemical shipping company Navig8 Chemical Tankers Inc. has signed sale and leaseback agreements with CMB Financial Leasing Co. Ltd. (CMB) for three of its IMO2 37,000 dwt Interline coated tankers. The company said that the expected net proceeds from the transaction are USD 91.2 million. “A portion of the proceeds will be utilized to repay existing loans used to finance the […]

  • 9 March 2006

    Golden Ocean Group Limited ( “GOGL” ) has agreed to sell their two new building contracts at Shanghai Waigaoqiao Shipyard to CMB’s subsidiary Bocimar International. The ships are sold including the two three year time charter agreements arranged for the ships.

  • 31 May 2017
    Business & Finance

    Chemicals shipping company Navig8 Chemical Tankers has entered into sale and leaseback agreements with CMB Financial Leasing for two of the company’s 25,000 DWT stainless steel chemical tankers. The ships in question are 2017-built Navig8 Saiph and Navig8 Sceptrum, and the expected net proceeds from the transaction are set at USD 66.84 million. “A portion of […]

  • 27 August 2014
    Business & Finance

    CMB, Belgian dry bulk shipping company, said on Tuesday that it had decided to cancel the orders for four vessels with South Korean shipbuilder Samjin as the yard was not able to respect the contractually determined delivery dates. The newbuilds relate to hulls 1052, 1053, 1054 and 1055, according to the company. An amount of […]

  • 12 June 2018
    Business & Finance

    Ocean Yield has agreed to acquire four 3,800 TEU container vessels with 12-year bareboat charters.

  • 24 October 2014
    Business & Finance

    After cancelling the order for four units from Samjin Shipyard earlier this year, dry cargo specialist Bocimar, a part of CMB Group, decided to cancel a further order for six units due to the bankruptcy of the yard, the Belgium-based company disclosed in their third quarter results report. The advances paid for all cancelled vessels – including […]

  • 23 June 2016

    BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract. Corporate changes such as restructuring, sale of a company or sale of part of a company’s interests may make it necessary to replace an original contracting party. This is achieved by substituting, or […]

  • 22 June 2016
    Business & Finance

    Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has entered into a USD 55 million secured loan facility to finance the company’s first of two 25,000 dwt newbuilds. The stainless steel chemical tanker newbuildings are currently under construction at Japan’s shipyard Kitanihon Shipbuilding Co. Ltd. Navig8 Chemical Tankers said that the loan […]

  • 15 July 2016
    Business & Finance

    Shipping company Navig8 Product Tankers, a joint venture between the Navig8 Group and DVB Bank, has taken delivery of a 74,000 DWT LR1 tanker Navig8 Pride, from South Korean shipbuilder SPP Shipbuilding Co., Ltd. The Navig8 Pride is the first of four vessels contracted at SPP to be delivered to the company and is the first vessel to […]

  • 11 January 2017
    Project & Tenders, Vessels

    Excelerate Energy said it has completed the long-term sale and leaseback of the FSRU Experience with a unit of CMB Financial Leasing.

  • 9 March 2006

    CMB confirms that its subsidiary Bocimar International has acquired three capesize newbuilding vessels for a total purchase price of USD 188 million.

  • 11 January 2017
    Business & Finance

    US-based Excelerate Energy has completed the long-term sale and leaseback of the floating storage regasification unit (FSRU) Experience with a wholly owned subsidiary of CMB Financial Leasing Co. Upon completion of the 10-year agreement Excelerate said that it will re-purchase the FSRU from CMB. “The transaction demonstrates the market’s confidence in FSRUs as financeable and […]

  • 26 September 2019

    The “hydrotug” is driven by combustion engines that burn hydrogen in combination with diesel.

  • 27 May 2014
    Business & Finance

    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has won a new contract for the construction of two LPG carriers. The contract comes from Singapore-based Eastern Pacific Shipping and includes firm order for two LPG newbuilds with an option for two more. According to the shipbuilder, the contract is worth approx $102.1 million. Delivery of these 38,000-cmb […]

  • 15 December 2011
    Business & Finance

    Earlier this month Bohandymar Limited, subsidiary of CMB, ordered 6 Handysize ECO-type bulk vessels (36.000 dwt) from Samjin Shipbuilding Industries Korea (Samjin) on very competitive conditions. The order includes two options each for two additional units. The delivery of the first four units is scheduled for 2013; and the others are scheduled for 2014. These […]