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.
Argo team
The Argo team on this transaction included: Nico Goossens, Henri Nelen, Wouter Verhoeye, Christophe Verhelst, Pierre Accou, Dorien Willemen, Emiel Schepkens, Alex Heyndrickx and Manon Cornelis.