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ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Oliver Dunvold
  • Petter Haugen
ABGSC Shipping & Transport Research ... (+4)
  • ABGSC Shipping & Transport Research
  • Martin Mauseth
  • Oliver Dunvold
  • Petter Haugen

Record-low fleet growth

Record-low fleet growth and winter is coming. ABGSC '25e EBITDA 22% above cons. TP of NOK 478 (457) – BUY.

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Ex Dividend Date

Okeanis Eco Tankers Corp. – Ex Dividend Date ATHENS, Greece, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q2 2024 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE: OET) on August 9, 2024. The Company's shares will be traded ex dividend USD 1.10 per common share on the Oslo Stock Exchange from today, August 20, 2024 and on the New York Stock Exchange from tomorrow, August 21, 2024. Contacts Company: Iraklis Sbarounis, CFO Tel: 0 Investor Relations / Media Contact: Nicolas Bornozis, Presid...

ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Oliver Dunvold
  • Petter Haugen
ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Oliver Dunvold
  • Petter Haugen

Q2 beat and solid guidance for Q3

EBIDTA of USD 64m (ABGSCe at 60m, cons at 60m). Guidance ~25% below cons Q3'24 EBITDA, but ~9% above ABGSC. Stock to trade up 0-2% vs. peers.

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Key Information relating to Q2 2024 divide...

Okeanis Eco Tankers Corp. – Key Information relating to Q2 2024 dividend ATHENS, Greece, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares, which is classified as a return of capital for accounting purposes (the “Dividend”). Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in N...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements f...

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Second Quarter and Six-Month Period of 2024 ATHENS, Greece, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the second quarter and six-month period of 2024, which are  to this press release. Financial performance of the Second Quarter Ended June 30, 2024 Revenues of $112.0 million in Q2 2024, compared to $119.8 million in Q2 20...

ABGSC Shipping & Transport Research ... (+3)
  • ABGSC Shipping & Transport Research
  • Oliver Dunvold
  • Petter Haugen

Seasonal lull will soon be over

Rates to appreciate from here. ABGSC ‘25e EBITDA 47% above cons. TP of NOK 435 (449) — BUY

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Invitation to Q2 2024 Results Conference C...

Okeanis Eco Tankers Corp. – Invitation to Q2 2024 Results Conference Call and Webcast ATHENS, Greece, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited interim condensed results for the second quarter and first half year ended June 30, 2024, on Friday, August 9, 2024, and a webcast/teleconference will be held at 14:30 CET. Participants may access the webcast using the following link: Or via conference call using the below dial-in details:Standard International Access: 9USA: Norway: Password: 450545 The p...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – New Financing Update

Okeanis Eco Tankers Corp. – New Financing Update ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“we”, the “Company”, “OET” or “Okeanis”) (NYSE:ECO / OSE:OET) is pleased to announce the following financing update relating to its fleet. On June 20, 2024, we entered into a new $31.11 million senior secured credit facility to finance the option to purchase back the Suezmax vessel Poliegos from its current sale and leaseback financier (the “Poliegos New Facility”). The Poliegos New Facility is provided by Bank SinoPac Co., Ltd, and the transaction is expected to ...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Ex dividend USD 1.10 per common share toda...

Okeanis Eco Tankers Corp. – Ex dividend USD 1.10 per common share today ATHENS, Greece, June 04, 2024 (GLOBE NEWSWIRE) -- Reference is made to the key information relating to Q1 2024 dividend announced by Okeanis Eco Tankers Corp. ("OET" or the "Company") (NYSE: ECO / OSE: OET) on May 16, 2024. The Company's shares will be traded ex dividend USD 1.10 per common share on the Oslo Stock Exchange from today, June 4, 2024 and on the New York Stock Exchange from tomorrow, June 5, 2024. Contacts Company:Iraklis Sbarounis, CFOTel: 0 Investor Relations / Media Contact:Nicolas Bornozis, Presid...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – 2024 Annual Meeting of Shareholders held

Okeanis Eco Tankers Corp. – 2024 Annual Meeting of Shareholders held ATHENS, Greece, May 31, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE:ECO / OSE:OET) today announced that the 2024 Annual Meeting of the Shareholders of the Company (the “Annual Meeting”) was duly held on May 31, 2024 and that all proposals on the agenda were approved. At the Annual Meeting, the shareholders of the Company (i) elected the following seven directors to serve until the next annual meeting of shareholders or until their successors are elected and qualified: Io...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – New Financings Update

Okeanis Eco Tankers Corp. – New Financings Update ATHENS, Greece, May 21, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“we”, the “Company”, “OET” or “Okeanis”) (NYSE:ECO / OSE:OET) is pleased to announce the following financings update relating to its fleet. On May 20, 2024, we entered into a new $60.0 million senior secured credit facility to refinance the Company’s existing facility secured over the VLCC vessel Nissos Kythnos and for general corporate purposes (the “Nissos Kythnos New Facility”). The Nissos Kythnos New Facility is provided by Danish Ship Finance A/S and the tran...

 PRESS RELEASE

 Okeanis Eco Tankers Corp. – Key Information relating to Q1 2024 divid...

 Okeanis Eco Tankers Corp. – Key Information relating to Q1 2024 dividend ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today that the Company's board of directors (the “Board”) has declared a dividend on its common shares, which is classified as a return of capital for accounting purposes (the “Dividend”). Due to implementation of the Central Securities Depository Regulation (“CSDR”) in Norway, shareholders who hold shares registered in Euronext Securities Oslo, the central securities depository in N...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements f...

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the First Quarter and Three-Month Period of 2024 ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET” or “Okeanis”) (NYSE:ECO / OSE:OET), today reported unaudited condensed financial statements for the first quarter and three-month period of 2024, which are  to this press release. Selected Q1 2024 and Recent Highlights: Time charter equivalent ("TCE", a non-IFRS measure*) revenue and Adjusted EBITDA (a non-IFRS measure*) of $81.0 million and $65.2 million, respecti...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Invitation to Q1 2024 Results Conference C...

Okeanis Eco Tankers Corp. – Invitation to Q1 2024 Results Conference Call and Webcast ATHENS, Greece, May 13, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the first quarter and three month period ended March 31, 2024, on Thursday, May 16, 2024, and a webcast/teleconference will be held at 13:30 CET. Participants may access the webcast using the following link: Or via conference call using the below dial-in details:Standard International Access: 9USA: Norway: Password: 487447 The present...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Announcement of 2024 Annual Meeting of Sha...

Okeanis Eco Tankers Corp. – Announcement of 2024 Annual Meeting of Shareholders ATHENS, Greece, May 02, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has scheduled its Annual Meeting of Shareholders for May 31, 2024, at 11:00 a.m. Greek time (the “Annual Meeting”). The record date for determining shareholders entitled to participate at the Annual Meeting is April 26, 2024. The business of the Annual Meeting is to elect seven directors to serve until the 2025 Annual Meeting of Shareholders and to ratify the appoint...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Announcement of Availability of 2023 Annua...

Okeanis Eco Tankers Corp. – Announcement of Availability of 2023 Annual Report on Form 20-F ATHENS, Greece, April 30, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report may be downloaded from the SEC’s website () and is also available under the Investor Relations section (Financial Reports and Webcasts) of the Company’s website (). H...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Key Information relating to 4Q23 capital d...

Okeanis Eco Tankers Corp. – Key Information relating to 4Q23 capital distribution ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “OET” or the “Company”) (NYSE: ECO / OSE: OET), will pay a dividend on its common shares, which is classified as a return of capital (the “Dividend”). Key information relating to the Dividend to be paid by the Company for the fourth quarter of 2023 can be found below: Dividend amount: USD 0.66 per common shareDeclared currency: USD. Dividends payable to common shares registered in the Euronext VPS will be distributed in NOKDat...

 PRESS RELEASE

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements f...

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Fourth Quarter and Twelve Month Period of 2023 ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or “Company”) (NYSE:ECO / OSE:OET) today reported unaudited condensed financial statements for the fourth quarter and twelve month period of 2023, which are  to this press release. Selected Q4 2023 and Recent Highlights: Time charter equivalent ("TCE", a non-IFRS measure*) revenue and Adjusted EBITDA (a non-IFRS measure*) of $58.4 million and $44.2 million, respectively. Adjusted...

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