Okeanis Eco Tankers Corp. (ECO) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.399 Welcome to OET's Third Quarter 2025 Financial Results 00:00:05.399 -- 00:00:06.841 Presentation. 00:00:06.841 -- 00:00:08.985 We will begin shortly. 00:00:08.985 -- 00:00:14.894 Aristides Alefouzos, CEO, and Herakles Barounis, CFO 00:00:14.894 -- 00:00:19.200 of Okeanis Ecotankers will take you through the presentation. 00:00:19.200 -- 00:00:24.087 They will be pleased to address any questions raised at the end of the call. 00:00:24.087 -- 00:00:27.773 I would like to advise you that this session is being recorded. 00:00:27.773 -- 00:00:31.656 Iroquois will now begin the presentation. 00:00:33.721 -- 00:00:38.248 Thank you. Hi, everyone. Welcome to the presentation of the earnings results of Okeanese 00:00:38.248 -- 00:00:41.913 ecotankers for the third quarter of 2025. 00:00:41.913 -- 00:00:45.919 We will discuss matters that are forward-looking in nature, and actual results may differ 00:00:45.919 -- 00:00:49.604 from the expectations reflected in such forward-looking statements. 00:00:49.604 -- 00:00:53.567 Please read through the relevant disclaimer on slide two. 00:00:54.130 -- 00:00:59.575 So starting on slide four in the executive summary, I'm pleased to present the highlights 00:00:59.575 -- 00:01:04.682 of the third quarter of 2025. We achieved fleet-wide time-chartered equivalent 00:01:04.682 -- 00:01:10.471 of about $47,000 per vessel per day. Our VFCCs were almost at 46,000 00:01:10.471 -- 00:01:13.937 and our series maxes at $48,000. 00:01:13.937 -- 00:01:19.025 We report adjusted EBITDA of $45.2 million, adjusted net 00:01:19.025 -- 00:01:25.452 profit of $24.7 million, and adjusted BPS of 77 cents. 00:01:25.452 -- 00:01:29.938 Continuing to deliver on our commitment to distribute value to our shareholders, our 00:01:...