Okeanis Q4 2023 results

Tanker company Okeanis Eco Tankers (ECO) reported their Q4 2023 results on 02/29/24.

  • Fleetwide TCE of $58.4M
  • VLCC TCE of $45.2k daily & Suezmax TCE of $45.6K daily
  • Company declared a div of 66c/sh (Release also states that it is a Return of Capital)

Okeanis Eco Tankers (ECO) added a US-listing in late Dec 2023. The company had an existing listing on the Oslo Exchange. With a fleet of 14 vessels, ECO is a relative small (in vessel count) tanker company. At one time, ECO also owned some Aframax tankers. However, that category no longer show on their fleet list of 6 Suezmax & 8 VLCCs