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CMB.TECH sells Suezmax tanker, gains $59.6M in Q4 2026

Company Fundamentals
13 Oct 2026
GlobeNewsWire
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Bullish
CMB.TECH sells Suezmax tanker, gains $59.6M in Q4 2026

CMB.TECH has sold its Suezmax tanker, Stella, built in 2011 with a capacity of 165,000 dwt, generating a gain of approximately $59.6 million in the fourth quarter of 2026. This sale reflects the company's ongoing fleet management strategy and contributes positively to its financial results. The vessel has already been delivered to its new owners. CMB.TECH, a major maritime group with a diverse fleet, continues to focus on optimizing its assets while expanding into sustainable fuel options like hydrogen and ammonia.

CMB.TECH's fleet update provides context for readers following industrial stocks. For readers following Industrials, here is Pluang's market snapshot as of Oct 13, 2026 12:02 WIB: Of 113 priced US Industrials stocks, 52 rose and 60 fell today. Byrna Technologies Inc (BYRN) traded at USD 4.34 with a 1-day change of -3.98% and a typical hold time of 15 days, contrasting with MasTec Inc (MTZ) at USD 205.00, down 3.60% with a 24-day hold time, while American Superconductor Corporation (AMSC) fell 3.93% to USD 29.32 and saw a 32-day hold time. Pluang order activity showed BYRN favored buyers (80%), whereas MTZ and AMSC were exclusively sold (100% and 99% sell respectively).

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