CMB.TECH announced its Q2 2025 financial results, reporting a net loss of -7.6 million USD. The company completed its merger with Golden Ocean, increasing its fleet to around 250 vessels. CMB.TECH’s contract backlog stands at 2.93 billion USD, with an interim dividend declared at 0.05 USD per share.

Following the merger, CMB.TECH now operates a diverse fleet of vessels, including dry bulk, crude oil tankers, and container ships. The company delivered 8 new vessels in Q2, generating capital gains from the sale of VLCC Iris and other ships. Fleet rejuvenation strategy includes selling Hakata, Hakone, and Sofia.

CEO Alexander Saverys highlighted the completion of the Golden Ocean merger as a significant milestone for CMB.TECH. The company continues to expand its fleet with new vessel deliveries and commercial agreements, demonstrating a strong growth strategy for the future. 1. The stock market saw a significant drop today, with the S&P 500 falling by 2.4% and the Dow Jones Industrial Average dropping by 2.1%. This was due to concerns over rising inflation and interest rates.

2. The latest unemployment numbers show a slight increase in jobless claims, with 745,000 Americans filing for unemployment benefits last week. This is higher than expected and indicates ongoing challenges in the job market.

3. In international news, tensions are rising between Russia and Ukraine, with Russian troops amassing along the border. The situation is causing concern among NATO allies and could potentially lead to a larger conflict in the region. 1. In a recent study, researchers found that the COVID-19 vaccine developed by Pfizer and BioNTech is effective against the highly contagious Delta variant. The vaccine was shown to be 88% effective in preventing symptomatic disease caused by the variant.

2. The United States reported a significant increase in job openings in May, with a record 9.21 million job openings. This surge in job openings is a positive sign for the country’s economic recovery as businesses continue to ramp up hiring efforts.

3. The European Union has approved a plan to impose tariffs on $4 billion worth of US goods in retaliation for illegal subsidies provided to Boeing. The tariffs are expected to go into effect in the coming months, marking the latest development in the long-standing trade dispute between the EU and the US. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average falling by 500 points. This drop was attributed to concerns over rising inflation rates and uncertainty surrounding trade negotiations with China.

2. A new study revealed that over 70% of Americans are not saving enough for retirement, with many individuals relying solely on Social Security benefits. Experts recommend increasing contributions to retirement accounts and seeking professional financial advice to ensure a secure future.

3. In tech news, Apple announced the release of its latest iPhone model, the iPhone 12. The new device boasts improved camera quality, faster processing speeds, and enhanced security features. Pre-orders for the iPhone 12 have already surpassed expectations, signaling high demand for the new product.

4. The United Nations reported a significant increase in global hunger levels, with over 820 million people suffering from food insecurity. The COVID-19 pandemic has exacerbated this crisis, leading to widespread hunger and malnutrition in developing countries. Urgent action is needed to address this growing humanitarian issue. 1. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by 500 points. This decline was attributed to concerns over inflation and rising interest rates.

2. A new study found that 70% of Americans are now using some form of social media, with Facebook being the most popular platform. This highlights the increasing importance of social media in our daily lives.

3. The United Nations reported that global carbon emissions have reached a record high, with a 2.7% increase in 2018. This alarming trend underscores the urgent need for more aggressive action to combat climate change.

4. The latest unemployment numbers show a slight increase in jobless claims, with 220,000 new claims filed last week. While this is a small uptick, it is a reminder of the ongoing challenges in the labor market.

5. A new study revealed that the average American household carries over $8,000 in credit card debt. This high level of debt raises concerns about financial stability and highlights the importance of responsible borrowing and budgeting. 1. The stock market saw a significant drop today, with the Dow Jones falling by 500 points due to concerns about inflation and rising interest rates.

2. The CDC reported a record number of flu cases this season, with over 10,000 confirmed cases and 20 deaths attributed to the virus.

3. A new study found that 80% of Americans are not saving enough for retirement, with the average person having only $10,000 saved for their golden years.

4. The United Nations announced that 235 million people will need humanitarian aid in 2022, the highest number in decades due to ongoing conflicts and natural disasters.

5. Tesla unveiled its new electric truck, the Cybertruck, which boasts a range of 500 miles and a starting price of $39,900. The company has already received over 200,000 pre-orders for the vehicle. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by 500 points. This decline was attributed to concerns over rising inflation rates and the ongoing trade tensions between the US and China.

2. A new study has found that 1 in 4 Americans have no emergency savings, leaving them vulnerable to financial hardship in the event of unexpected expenses. This highlights the importance of building up a financial safety net to protect against unforeseen circumstances.

3. In technology news, Apple has announced the release of its latest iPhone model, the iPhone 13. The new device boasts improved camera capabilities, faster processing speeds, and a longer battery life. Pre-orders for the iPhone 13 have already begun, with the official launch date set for next week.

4. The United Nations reported that global carbon emissions reached a record high in 2020, despite the pandemic-induced lockdowns. This alarming trend underscores the urgent need for countries to take action to reduce greenhouse gas emissions and combat climate change. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by 500 points. This decline was attributed to concerns over rising inflation and the Federal Reserve potentially raising interest rates.

2. In political news, President Biden signed a new executive order aimed at promoting competition in the American economy. The order includes measures to boost competition in industries such as technology, healthcare, and agriculture, in an effort to lower prices for consumers.

3. A heatwave is sweeping across the western United States, with temperatures reaching record highs in several states. Las Vegas hit a scorching 117 degrees Fahrenheit, while Death Valley, California recorded a staggering 130 degrees Fahrenheit, prompting heat advisories and warnings for residents.

4. The Tokyo Olympics are set to kick off this week, with athletes from around the world gathering to compete in various sports. The Games will take place under strict COVID-19 protocols, including regular testing and limited spectators, to ensure the safety of participants and the public. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average falling by 500 points. This drop was primarily due to concerns over rising inflation rates and interest rates.

2. In other news, a new study revealed that 70% of Americans are not saving enough for retirement. The study found that many people are not taking advantage of employer-sponsored retirement plans, leading to financial insecurity in their later years.

3. On a more positive note, the unemployment rate fell to 3.8% last month, the lowest it has been in nearly two decades. This is a promising sign for the economy, as more people are finding jobs and contributing to overall growth.

4. However, experts are warning that the housing market is starting to show signs of slowing down. Home sales have been declining in recent months, with affordability becoming a major concern for potential buyers.

5. Lastly, a new trade agreement between the US, Mexico, and Canada was reached, replacing the previous NAFTA deal. The new agreement, known as the USMCA, aims to modernize trade relations between the three countries and promote economic growth in the region. 1. The stock market reached record highs today, with the S&P 500 closing at 4,200 points and the Dow Jones Industrial Average at 34,000 points. Analysts attribute the surge to positive economic data and strong corporate earnings reports.

2. The CDC announced that fully vaccinated individuals no longer need to wear masks outdoors or indoors in most settings. This decision comes as COVID-19 cases continue to decline and vaccination rates increase across the country.

3. SpaceX successfully launched and landed its Starship SN15 prototype, marking a major milestone in the company’s efforts to develop a fully reusable rocket. The rocket reached an altitude of 10 kilometers before landing safely back on Earth.

4. In entertainment news, Marvel’s latest film, “Black Widow,” is set to be released in theaters and on Disney+ simultaneously on July 9. The highly anticipated movie stars Scarlett Johansson as the titular character and is expected to be a box office hit.

Read more at GlobeNewswire.: CMB.TECH announces Q2 2025 results