CMB.TECH Posts $733m H1 Profit, Warns of Tanker Supply Wave

potential "tsunami," with roughly one new VLCC or Suezmax entering the market every two days during that period. He said this outlook helps explain why CMB.TECH is disposing of tankers despite VLCCs and Suezmaxes currently earning more than $120,000 per day. The company has disclosed sales of nine VLCCs and four Suezmaxes so far this year, with expected gains exceeding $600 million. The strategy reflects an effort to monetize assets while secondhand values remain high, retain exposure where risk-reward remains favourable, and prepare for a heavier supply environment ahead. CMB.TECH's combination with Golden Ocean has meanwhile added a second major earnings engine in dry bulk, while its large newbuilding programme nears completion. Capital allocation is shifting toward debt reduction and shareholder returns as the company adjusts its fleet strategy ahead of the anticipated delivery surge.