CMB.TECH, a company under the control of the Saverys family, has reported a net profit of $364.4 million for the second quarter of 2026. This marks a considerable reversal from the $7.6 million loss experienced during the same period last year. CEO Alexander Saverys highlighted the 'excellent' results, attributing them to favorable market conditions in the tanker and dry bulk sectors, as well as strategic decisions made over the past three years.
The company's revenue for Q2 saw an 81.5% year-on-year increase, rising from $387.8 million in 2025 to $703.9 million in 2026. Voyage commissions and expenses also increased by 77.5% during this quarter, reflecting the higher operational activity.
For freight forwarders and supply chain professionals, these strong financial results from a major shipping entity like CMB.TECH suggest a robust and profitable environment within the tanker and dry bulk shipping markets. This could translate into stable or potentially firming freight rates for these cargo types. The company's focus on diversification and newbuilding programs also indicates a long-term commitment to capacity and modern fleet development, which could impact future market dynamics and service offerings.
