Two of these charters have already commenced with the remaining charter set to start in November. Looking at our fourth quarter to date, we have secured spot rates of $63,745, $50,000, and $35,200 per day for our VLCC, Suezmax, and Aframax LR2 fleets respectively, approximately 47 to 54% of spot days booked. We believe the tanker market is well positioned for a firm winter market which we will discuss in more detail in the next few slides. Lastly, Teekay Tankers has declared its regular fixed dividend of 25 ...

Teekay Tankers (NYSE:TNK) Q3 2025 Earnings Call October 30, 2025 11:00 AM ET Speaker4Welcome to the Teekay Group Third Quarter 2025 Earnings Results Conference Call. During the call, all participants will be in a listen-only mode. Afterwards, you will be invited to participate in a question and answer session. At that time, if you have a question, participants will be asked to press Star one to register for a question. For assistance during the call, please press Star zero on your touchtone telephone. As a ...

Core Points - Seanergy Maritime Holdings Corp. has successfully completed the strategic sale of its Capesize vessel, M/V Geniuship, optimizing its fleet and enhancing liquidity [1][5] - The expiration of Class E warrants on August 20, 2025, leaves Seanergy with no outstanding warrants or convertible securities [3][4] Sale of M/V Geniuship - The M/V Geniuship, a 170,057 dwt Capesize bulker built in 2010, was sold for a gross price of approximately $21.6 million [2] - The transaction generated net cash proceeds of approximately $12.0 million and is expected to result in an accounting profit of around $2.5 million, which will be recorded in the third quarter financial results [2] Expiration of Class E Warrants - Class E warrants were issued on August 20, 2020, with a five-year term and an exercise price of $3.98 per share [3] - Following previous exercises and a tender offer, 57,225 common shares remained outstanding as of the expiration date [3] Strategic Implications - The sale of M/V Geniuship aligns with the company's fleet renewal strategy and enhances liquidity and earnings profile [5][6] - The expiration of the Class E and Class D warrants streamlines the capital structure, eliminating legacy dilution risks and enabling cleaner value recognition for shareholders [6] Company Overview - Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company, operating a fleet of 20 vessels with an average age of approximately 14.3 years and a total cargo carrying capacity of about 3,633,861 dwt [7]

Core Viewpoint - Safe Bulkers, Inc. has announced the sale of its MV Pedhoulas Merchant vessel for a gross price of $11.5 million, marking a strategic move to renew its fleet in anticipation of new vessel deliveries by 2026 [1][2]. Company Overview - Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, specializing in transporting bulk cargoes such as coal, grain, and iron ore along global shipping routes [2]. Fleet Renewal Strategy - The sale of MV Pedhoulas Merchant, built in 2006, and another vessel, Pedhoulas Leader, built in 2007, is part of the company's strategy to renew its fleet [2]. - The company has an aggregate orderbook of six vessels scheduled for delivery by 2027 [2].

Core Viewpoint - Safe Bulkers, Inc. has announced the sale of MV Pedhoulas Leader for a gross price of $12.5 million as part of its fleet renewal strategy, with delivery scheduled between August and October 2025 [1][2]. Company Overview - Safe Bulkers, Inc. is an international provider of marine drybulk transportation services, specializing in transporting bulk cargoes such as coal, grain, and iron ore along global shipping routes [2]. Fleet Renewal Strategy - The company has sold one of its oldest vessels, achieving the targeted sale price, and has six modern energy-efficient vessels on order, with four expected to be delivered by 2026 [2].