Belgian tanker shipping company Euronav NV, alongside controlling shareholder CMB NV, has entered a share purchase agreement to acquire 100% of shares in cleantech maritime group CMB.TECH for a staggering $1.150 billion in cash.
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CMB seeks to significantly reduce the environmental impact of truck transportation.
Making Stockholm Sweden’s most environmentally friendly port is the aim.
CMB and TSUNEISHI are collaborating to develop hydrogen internal combustion engine (H2ICE) technology for the industrial and marine markets in…
The joint venture will be the sole importer of CMB and Belgian marine engine manufacturer ABC Engines’ BeHydro engines, a dual-fuel hydrogen-diesel engine.