Okeanis Eco Tankers Corp. (ECO) Q1 2026 Earnings Call

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WEBVTT 00:00:01.651 -- 00:00:07.081 Welcome to OIT's first quarter 2026 financial results presentation. 00:00:07.081 -- 00:00:12.390 We will be in shortly. Aristides Alafouzou, CEO and Herakles Barounis, 00:00:12.390 -- 00:00:17.039 CFO of Okeanis Ecotankers, will take you through the presentation. 00:00:17.039 -- 00:00:21.226 We will be pleased to address any questions raised at the end of the call. 00:00:21.226 -- 00:00:26.332 Matters that are forward-looking in nature will be discussed and actual results may differ 00:00:26.332 -- 00:00:30.658 from the expectations reflected in such forward-looking statements. 00:00:30.658 -- 00:00:33.862 Please read through the relevant disclaimer on slide two. 00:00:33.862 -- 00:00:37.667 I would like to advise you that the session is being recorded. 00:00:37.667 -- 00:00:41.409 I'd suggest we begin the presentation now. 00:00:42.473 -- 00:00:47.580 Thank you for taking the time to join our Q1 2026 call. 00:00:47.580 -- 00:00:52.726 Q1 was a record quarter for our company. and q1 plus q2 combined will 00:00:52.726 -- 00:00:56.432 be stronger than any previous year in our company's history 00:00:56.432 -- 00:01:01.900 in fact the potential distributions tied to this half year are approaching 00:01:01.900 -- 00:01:05.025 our original listing price in 2018. it 00:01:05.025 -- 00:01:10.233 is definitely it definitely was and is an exciting stressful challenging and demanding 00:01:10.233 -- 00:01:11.656 quarter 00:01:11.656 -- 00:01:15.382 this cumulative pressure surely overshadowed the pleasure of earning so much for our 00:01:15.382 -- 00:01:18.603 shareholders which is regrettable 00:01:18.736 -- 00:01:23.823 Q1 began with a sell-off in freight into mid-January, where the market turned by 00:01:23.823 -- 00:01:29.370 the continu...