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CMBT (CMB.Tech NV) Cash Paid for Insurance Activities


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What is CMB.Tech NV Cash Paid for Insurance Activities?

Cash Paid for Insurance Activities only applicable to companies reporting Cash Flow from Operations in direct method.


CMB.Tech NV Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CMB.Tech NV (NYSE:CMBT) » Definitions » Cash Paid for Insurance Activities
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Address
De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organises itself into two segments: tankers and floating storage and offloading activities, or FSO. The tankers segment, which generates the majority of revenue, operates crude oil tankers on international markets. The FSO segment conducts floating production, floating storage, and offloading operations for crude oil and petroleum products.