Alexander Saverys brought his CMB.Tech to the public markets in 2024 with a vision: creating an “investable green shipping platform” with vessels powered by ammonia and hydrogen.
Fast-forward a year, and his company is swallowing up Golden Ocean Group and its 91 fossil fuel-burning ships in a deal that will create a shipowner with a $3.2bn market capitalisation.
How does this growth in conventionally fuelled ships advance the green shipping strategy of the New York and Brussels-listed company?
Subscribe to Green Seas
TradeWinds’ weekly newsletter on sustainability and the business of the ocean digs into environmental issues every week in the maritime industries.
