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Argo advises CMB.TECH on transformational merger with Golden Ocean Group Limited

Argo is proud to have advised CMB.TECH on its share-for-share merger with Golden Ocean Group Limited, marking the creation of one of the world’s largest diversified listed maritime groups.

This cross-border transaction involved sophisticated coordination across multiple jurisdictions, including the merger of two Bermuda entities, the establishment of a new listing on the Oslo Stock Exchange, and comprehensive regulatory compliance across the New York, Brussels, and Oslo markets where CMB.TECH maintains its presence.

The combined group now brings together:

  • A fleet of 250+ vessels, including dry bulk carriers, tankers, container ships, offshore wind and port vessels
  • A fleet value exceeding USD 11 billion
  • More than 80 hydrogen- and ammonia-ready vessels
  • Listings across New York, Brussels and Oslo
  • A strong contract backlog of USD 3 billion

This milestone supports CMB.TECH’s continued drive toward optimisation, diversification and decarbonisation in shipping.