Management characterized 2025 as a transitional year, focusing on divesting lower-returning assets to fund higher-earning Capesize exposure. The divestment of the Kamsarmax Cretan C and an offshore energy vessel is expected to release approximately $21,000,000 in net liquidity for reinvestment. Performance in Q4 was impacted by a softer Panamax market and a fleet reduction, though operational efficiency remained high with 97.6% utilization. Strategic acquisition of the Capesize vessels Dukeship and ...