Okeanis Eco Tankers Corp. Releases 2024 Annual Report Insights
Okeanis Eco Tankers Corp. Annual Report Overview
Okeanis Eco Tankers Corp. (the "Company" or "OET") has announced the availability of its Annual Report on Form 20-F for the fiscal year concluding on December 31, 2024. This report has been formally filed with the U.S. Securities and Exchange Commission (SEC), marking a significant milestone in the Company's journey. Investors and stakeholders interested in understanding the Company's financial performance and operational updates can easily access this report from the SEC's website or directly through the Investor Relations section of the Company's own website.
Access to the Annual Report
The Annual Report for 2024 can be conveniently downloaded from the SEC’s official platform. For those who prefer direct engagement, the report is also readily available under the Financial Reports and Webcasts section located on Okeanis Eco Tankers’ website. Additionally, for individuals or entities interested in receiving the Company’s complete audited financial statements, hard copies can be requested without any charge. Interested parties can reach out to Okeanis Eco Tankers through their dedicated email or mailing address for these requests.
Contact Information for Investor Communication
Effective communication is a key tenet for Okeanis Eco Tankers, as evidenced by the straightforward contact avenues they provide for investor relations. The Chief Financial Officer, Iraklis Sbarounis, leads these efforts, making himself available to cover any inquiries related to the Annual Report and the Company's financial standings. His contact details include a telephone number and an email, fostering an open line for inquiries from investors and stakeholders.
About Okeanis Eco Tankers Corp.
Incorporated on April 30, 2018, Okeanis Eco Tankers is recognized as a premier player in international tanker operations, focusing on the seaborne transportation of crude oil and refined products. With a robust fleet that consists of six modern Suezmax tankers fitted with scrubbers and eight very large crude carriers (VLCC), the Company stands out in its market vertical. Notably, Okeanis Eco Tankers is publicly traded on both the Oslo Børs under the ticker OET and the NYSE under the ticker ECO.
Industry Focus and Operational Insights
The global shipping industry is experiencing impactful changes, particularly with evolving regulatory frameworks and environmental considerations. Okeanis Eco Tankers remains committed to adapting to these dynamics. The deployment of scrubber technology across their fleet demonstrates a proactive approach toward environmental sustainability while optimizing operational efficiency. This strategic positioning is critical, especially given the rising demand for cleaner shipping solutions.
Future Outlook for Okeanis Eco Tankers
As Okeanis Eco Tankers looks ahead, it is vital to remain aware of the industry factors that may influence their operations. This includes fluctuations in charter rates, vessel values, and various market demands. The Company’s management is keen on exploring avenues for growth while maintaining a keen eye on costs and efficiency, ensuring long-term sustainability in a competitive market.
Frequently Asked Questions
What is the significance of the Form 20-F for Okeanis Eco Tankers?
The Form 20-F is a comprehensive annual report submitted to the SEC, providing detailed insights into the Company's financials, operations, and strategic objectives.
How can investors access the 2024 Annual Report?
Investors can download the Annual Report from the SEC’s website or find it in the Investor Relations section on Okeanis Eco Tankers' official site.
Who can be contacted for more information regarding investor relations?
Iraklis Sbarounis, the CFO of Okeanis Eco Tankers, is available for inquiries and can be contacted via email or phone.
What does Okeanis Eco Tankers specialize in?
Okeanis Eco Tankers specializes in seaborne transportation of crude oil and refined products, operating a fleet of modern, scrubber-fitted tankers.
What are the main factors affecting the shipping industry's performance?
Factors include charter rates, vessel supply and demand, competition, and geopolitical events that could influence market dynamics.
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