CMB.TECH has merged with Golden Ocean Group Limited
August 2025 — The successful merger between CMB.TECH and Golden Ocean Group Limited was structured as a scheme of arrangement under Bermudan law and approved by the extraordinary general meeting (EGM) of Golden Ocean on 19 August 2025, allowing the merger to take legal effect on 20 August 2025. It was executed as a share deal, with an exchange ratio of 1:0.95, and resulted in the listing of CMB.TECH on three major exchanges: the NYSE, Oslo Stock Exchange (Oslo Børs) and Euronext.
CMB.TECH is a diversified, future-proof maritime group that owns and operates a fleet of over 160 seagoing vessels, including crude oil tankers, dry bulk carriers, container ships, chemical tankers, offshore wind vessels and workboats. The company also supplies hydrogen and ammonia fuel to customers, through in-house production or third-party producers.
Golden Ocean was a Bermuda-incorporated shipping company specializing in the transportation of dry bulk cargo. As of May 2025, its fleet comprised over 90 vessels with an aggregate capacity of approximately 13.7 million deadweight tonnes. The company’s ordinary shares were listed on Nasdaq, with a secondary listing on the Euronext Oslo Børs under the ticker symbol GOGL.
Our role in the transaction
Oaklins’ team in Belgium acted as the financial advisor to CMB.TECH.
Sprechen Sie mit dem Deal Team
Bart Delusinne
Oaklins KBC Securities
Laurens Vranken
Oaklins KBC Securities
Jonathan Dejonckheere
Oaklins KBC Securities
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