CMB.TECH sells Suezmax tanker at premium, profit $59.6M

CMB.TECH (formerly Euronav) sold the 2011-built Suezmax 'Stella' for a profit of about $59.6M, booked in Q4 2026. The sale reflects elevated tanker asset values driven by Middle East conflict disruptions, which lengthen voyages and tighten supply. This signals continued strength in tanker markets, though the profit is company-specific.