Okeanis Eco Tankers Corp. (ECO) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.297 Welcome to OIT's fourth quarter 2025 financial results presentation. 00:00:05.297 -- 00:00:10.464 We will begin shortly. Aristides Alefouzos, CEO, and Heracles Baronis, 00:00:10.464 -- 00:00:15.710 CFO of Okeanis Ecotankas, will take you through the presentation. 00:00:15.710 -- 00:00:20.216 They will be pleased to address any questions raised at the end of the call. 00:00:20.216 -- 00:00:24.821 Matters that are forward-looking in nature will be discussed, and actual results may 00:00:24.821 -- 00:00:29.647 differ from the expectations reflected in such forward-looking statements. 00:00:29.647 -- 00:00:34.057 Please read through the relevant disclaimer on slide two. 00:00:34.057 -- 00:00:37.284 I would like to advise you that this session is being recorded. 00:00:37.284 -- 00:00:41.329 Our students will begin the presentation now. 00:00:42.536 -- 00:00:44.657 Thank you. 00:00:44.918 -- 00:00:50.165 Since August of last year, the large crude tanker market entered the freight cycle 00:00:50.165 -- 00:00:54.251 that we've been waiting for and prepared for all these years. 00:00:54.251 -- 00:00:58.997 This is a unique opportunity to have exposure to a fleet that is on the water and able 00:00:58.997 -- 00:01:03.944 to capitalize today. For a shipping investor, on-the-water 00:01:03.944 -- 00:01:07.818 exposure is critical in the current circumstances. 00:01:07.818 -- 00:01:09.661 As our conviction 00:01:09.661 -- 00:01:14.888 strengthened after the summer, we executed two opportunistic transactions and acquired 00:01:14.888 -- 00:01:18.093 four resale Suezmax new buildings from Korea. 00:01:18.093 -- 00:01:22.179 The first two have already delivered. One has loaded her first cargo and the other one 00:01:22.179 -- 00:01:27.747 is about...