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Okeanis Eco Tankers Corp. - $eco STOCK NEWS

Welcome to our dedicated page for Okeanis Eco Tankers news (Ticker: $eco), a resource for investors and traders seeking the latest updates and insights on Okeanis Eco Tankers stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Okeanis Eco Tankers's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Okeanis Eco Tankers Corp. announced its Annual Meeting of Shareholders on May 31, 2024, to elect directors and appoint an independent registered public accounting firm. John Kittmer will not seek re-election, and Mr. Francis Dunne will potentially fill the vacancy. The Company's executive management team remains unchanged. Mr. Dunne brings over 40 years of legal experience in maritime law, adding value to the board. The Company expressed gratitude for Mr. Kittmer's service and looks forward to continued success.

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End-of-Day
2.51%
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Rhea-AI Summary

Okeanis Eco Tankers Corp. announced the availability of its 2023 Annual Report on Form 20-F. The report can be downloaded from the SEC's website or the Company's website. Hard copies are available upon request.

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-0.63%
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Rhea-AI Summary
Okeanis Eco Tankers Corp. (NYSE: ECO / OSE: OET) announces a dividend of USD 0.66 per common share for the fourth quarter of 2023, classified as a return of capital. Dividends will be distributed in NOK to Euronext VPS shareholders with key dates set for March 7, 8, 11, and 22, 2024.
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-3.05%
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Okeanis Eco Tankers Corp. reported strong financial performance for Q4 2023 with revenue of $58.4 million, Adjusted EBITDA of $44.2 million, and Adjusted profit of $20.4 million. The company achieved a fleetwide daily TCE rate of $45,400 per operating day. OET entered into new sale and leaseback agreements for vessels and secured a senior secured credit facility. The Board declared a dividend of $0.66 per share.
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-3.05%
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Rhea-AI Summary
Okeanis Eco Tankers Corp. will report unaudited condensed results for Q4 and twelve months ending Dec 31, 2023. A webcast/teleconference will be held on Feb 29, 2024. Participants can access the webcast via a link or conference call. Presentation material will be available for download.
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-3.04%
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Okeanis Eco Tankers Corp. announces new financings update, including a $34.7 million senior secured credit facility to finance the purchase back of the Suezmax vessel Milos and amendments to existing sale and leaseback agreements on VLCC vessels Nissos Kea and Nissos Nikouria, as well as a new sale and leaseback agreement on the VLCC vessel Nissos Anafi.
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-2.32%
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Okeanis Eco Tankers Corp. anticipates estimated fleetwide Daily Time Charter Equivalent Rate of approximately $45,300 per operating day for Q4 2023, and has booked 61% of available VLCC spot days at an average Daily TCE Rate of $76,100 per operating day for Q1 2024.
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Rhea-AI Sentiment
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1.85%
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Rhea-AI Summary
Okeanis Eco Tankers Corp. (OET) has released its 2nd Environmental, Social and Governance Report (the 2022 ESG Report), developed in accordance with the GRI 2021 Standards and SASB for Marine Transportation. The report is available on the company's website. Ticker symbols: NYSE:ECO / OSE:OET.
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Rhea-AI Sentiment
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-3.5%
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Okeanis Eco Tankers Corp. (OET) is pleased to announce that its common shares will commence trading on NYSE from and including December 11, 2023. Simultaneously with the NYSE listing, the common shares of OET will be secondary listed on Oslo Børs. The Share Registration Conversion has now been implemented, and the Trading Suspension on the Company’s common shares on Oslo Børs has ended. The resolution by Oslo Børs exempting Okeanis Eco Tankers Corp. from the Norwegian Takeover Rules will become effective from December 11, 2023.
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Okeanis Eco Tankers Corp.

NYSE:ECO

ECO Rankings

ECO Stock Data

1.04B
24.42M
63.58%
12.89%
0.19%
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