Okeanis ECO Tankers (ECO) reported their Q2 2024 results recently, including
- Revenue of $112M
- Profit of $39.6M
- TCE daily avg: VLCC $73.3K, Suezmax $54.6K, Fleetwide $64.9K
- Declared div of $1.10/sh
The VLCC $46.1K daily is lower than Q2. But this rate is quite healthy for the traditionally weaker Q3. OTOH, the Suezmax avg of $58.1K daily bumped up (with 53% done). I suspect the rates will end up lower on a TCE basis