- Okeanis published its annual report (Form 20-F) with financial results for the year ended Dec. 31, 2025.
- Revenue was USD 391.5 million, down 0.43%, as daily time charter equivalent rates slipped to USD 52,823 from USD 52,898, driven mainly by spot employment and lower vessel employment rates.
- Voyage expenses were USD 121.9 million, down 4%, primarily due to fewer miles travelled and lower fuel consumption as port calls fell to 312 from 392.
- Vessel operating expenses were USD 45.2 million, up 7%, which the company attributed mainly to inflation.
- Cash and cash equivalents were USD 122.5 million and total indebtedness was USD 609.8 million as of Dec. 31, 2025; management said cash on hand and operating cash flow should cover liquidity needs for the 12 months after Dec. 31, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Okeanis Eco Tankers Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-032731), on March 20, 2026, and is solely responsible for the information contained therein.
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