We expect to take over full commercial and technical management of these vessels in the second and third quarter of this year. In addition, we sold or agreed to sell two older Suezmaxes, for gross proceeds of $73,000,000 and just this week, we finalized an agreement to sell our only VLCC for gross proceeds of $84,500,000 with delivery during Q2. We expect to recognize total gains from sales of approximately $45,000,000 in 2026. Looking at our first quarter to date, the tanker market has continued to strengt ...

This presentation (this "Presentation") has been prepared by Okeanis Eco Tankers Corp. ("OET or the "Company"). This Presentation does not constitute or form part of, and should not be construed as, an offer to sell or an invitation, solicitation, or inducement to purchase or subscribe for securities with respect to any transaction, nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. This Presentation does not constitute either advice ...

Core Viewpoint - Okeanis Eco Tankers Corp. has declared a dividend of USD 1.55 per common share, with specific payment details for shareholders registered in different exchanges [1][6]. Dividend Declaration - The dividend amount is set at USD 1.55 per common share, payable in NOK for shares registered in Euronext VPS [6]. - The Board approved the dividend on February 18, 2026 [6]. Payment and Ex-Dividend Dates - Last day including right on OSE is February 27, 2026, and on NYSE is March 2, 2026 [6]. - Ex-dividend date for OSE is March 2, 2026, and for NYSE is March 3, 2026 [6]. - Record date for both exchanges is March 3, 2026, with payment expected on March 10, 2026 [6]. Company Overview - Okeanis Eco Tankers Corp. is a leading international tanker company specializing in the transportation of crude oil and refined products [4]. - The company operates a fleet of eight modern scrubber-fitted Suezmax tankers and eight VLCC tankers [4].

Group 1 - Iran announced the temporary closure of the Strait of Hormuz for live-fire drills, impacting global shipping and U.S. defense contractors as regional tensions rise [1] - The Strait of Hormuz is crucial as it handles 20% of the world's oil, leading to increased scrutiny on tanker companies and defense stocks [2] - As of February 18, Brent crude is trading at approximately $67.63 per barrel, up 0.31%, while West Texas Intermediate is at about $62.40 per barrel, higher by 0.22% [2] Group 2 - Despite military tensions, Iranian Foreign Minister expressed optimism for a sustainable solution during a U.N. disarmament conference, indicating a potential diplomatic opening [4] - U.S. Vice President noted that while some progress has been made in indirect nuclear talks, Iran has not acknowledged certain "red lines" set by the previous administration [4]

I’ve been covering tanker companies for a while now, and one of the more interesting ones I find is Hafnia Limited ( HAFN ), which also happens to be in my current income portfolio. IMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferred sectors to ...

Core Viewpoint - International Seaways, Inc. has sold or entered into agreements to sell five vessels for approximately $185 million, expecting to recognize gains of about $65 million from these sales [1]. Group 1: Vessel Sales - The company has sold or agreed to sell five vessels, generating aggregate proceeds of approximately $185 million, net of commissions and fees [1]. - The vessels sold are among the oldest in the fleet, including three MRs with an average age of 18 years and two VLCCs with an average age of 15 years [1]. - The company anticipates closing these transactions during the first quarter of 2026 [1]. Group 2: Company Overview - International Seaways, Inc. is one of the largest tanker companies globally, providing energy transportation services for crude oil and petroleum products [2]. - The company currently owns and operates a fleet of 73 vessels, which includes 12 VLCCs, 13 Suezmaxes, five Aframaxes/LR2s, 11 LR1s (including four newbuildings), and 32 MR tankers [2]. - The company is headquartered in New York City and is committed to high operational efficiency and customer service [2].

Tsakos Energy Navigation (NYSE:TEN) 2026 Conference Summary Company Overview - Tsakos Energy Navigation (TEN) is recognized as the longest-running publicly traded tanker company on the New York Stock Exchange, established in 1993 [2][3] - The company has been awarded "Energy Transporter of the Year" by TIME Magazine for three consecutive years, highlighting its strong environmental record [1][2] Industry Context - The shipping and tanker market has faced numerous crises over the years, including the COVID-19 pandemic and geopolitical tensions such as the war in Ukraine, which have significantly impacted energy transportation routes [4][5] - The current tanker market is characterized by a lack of overbuilding, with approximately 30% of the tonnage in gray or black zones, creating opportunities for reputable companies like TEN [5][6] Fleet and Operations - TEN has strategically reinvested in its fleet, selling 17 older vessels and acquiring 33 modern ships, effectively doubling its fleet size and tripling its deadweight capacity while reducing the average age of its fleet to 0.6 years [6][7] - The company has secured significant contracts, including a major deal for deep-sea oil excavation with Transpetrol and Petrobras, positioning it as one of the largest DP2 shuttle tanker owners [6][7] Financial Performance - TEN has maintained a debt level under 50%, with a focus on healthy cash reserves to support growth and dividend payments [7][19] - The company has consistently paid dividends since its inception, with a recent announcement of a $1 dividend for 2025, reflecting its commitment to shareholder returns [8][20] Market Outlook - The oil demand is projected to exceed 103 million barrels per day, with expectations for further increases in 2025 and 2026, despite geopolitical uncertainties [20][21] - The current fleet is limited, with only about 14% of the fleet in the order book, indicating potential for high asset prices and rates in the coming years [21][22] - The company anticipates a favorable market environment for at least the next two to three years, driven by scrapping of older vessels and insufficient new builds to meet rising demand [23][24] Strategic Insights - TEN employs a diversified fleet strategy, balancing fixed time charters, profit-sharing arrangements, and spot market exposure to mitigate risks associated with market volatility [12][15] - The company is cautious about over-leveraging and maintains a conservative approach to financing, ensuring it can capitalize on growth opportunities without compromising financial stability [16][17][47] Conclusion - TEN is well-positioned to navigate the complexities of the shipping industry, leveraging its modern fleet, strong client relationships with major oil companies, and a disciplined financial strategy to capitalize on emerging opportunities in the energy transport sector [12][19][49]

Core Viewpoint - Okeanis Eco Tankers Corp. has successfully priced an offering of 3,611,111 new shares at USD 36.00 per share, raising approximately USD 130 million for vessel acquisitions and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 3,611,111 new shares priced at USD 36.00 each, raising gross proceeds of about USD 130 million [1]. - The net proceeds will be partially used for acquiring two newbuilding Suezmax vessels, each priced at USD 99.3 million, currently under construction [2]. - The vessels are expected to be delivered in the second quarter of 2026, contingent upon obtaining necessary debt financing [2]. Group 2: Allocation and Trading - Notification of allocation is expected on January 21, 2026, around 13:00 CET [3]. - The offering is anticipated to be completed by January 23, 2026, with shares available for trading on the New York Stock Exchange post-settlement [4]. Group 3: Compliance and Registration - The offering complies with the equal treatment obligations under the Norwegian Securities Trading Act [5]. - It is made pursuant to the Company's shelf registration statement declared effective by the SEC on May 21, 2025 [6]. Group 4: Company Overview - Okeanis Eco Tankers Corp. is a leading international tanker company providing seaborne transportation of crude oil and refined products, incorporated in 2018 and listed on both the Oslo Stock Exchange and the New York Stock Exchange [12].

Core Insights - The company has engaged in several transactions, including refinancing parts of its fleet, selling four ships, purchasing two ships, and ordering two newbuildings, indicating an active operational period [1] - The tanker market is currently favorable, positioning the company solidly within the industry [1] Transaction Details - The company has signed preliminary agreements for the construction of two suezmax tankers at a price of $86 million each, with delivery scheduled for 2028 [5] - The South Korean shipyard Daehan Shipbuilding will construct the new tankers [5] - The finalized sale of two vessels built in 2004 and 2005 has generated net cash of $50 million for the company [5]

Group 1: Albemarle Corporation (ALB) - Albemarle Corporation is an energy storage solutions company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings increased by 19.7% over the last 60 days [1] - Albemarle's shares gained 76.5% over the last three months, while the S&P 500 declined by 5.2% [1] - The company has a Momentum Score of A [1] Group 2: KNOT Offshore Partners LP (KNOP) - KNOT Offshore Partners LP is a tanker shipping company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings increased by 41.3% over the last 60 days [2] - KNOT's shares gained 17.4% over the past three months, compared to the S&P 500's decline of 5.2% [2] - The company has a Momentum Score of B [2] Group 3: Lincoln Educational Services Corporation (LINC) - Lincoln Educational Services Corporation is a postsecondary education company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings increased by 5.1% over the last 60 days [3] - Lincoln Educational Services' shares gained 14.4% over the last three months, while the S&P 500 declined by 5.2% [3] - The company has a Momentum Score of B [3]