Okeanis Eco Tankers reports Q3 profit surge, declares dividend

Okeanis Eco Tankers Corp. reported a Q3 2025 profit of $24.1 million, a notable increase from $14.5 million in Q3 2024, driven by higher revenues. Revenues for Q3 2025 reached $90.6 million, up from $84.9 million in the prior year's third quarter. Vessel operating expenses for the quarter were $11.7 million, slightly higher than $11.5 million in Q3 2024. Earnings per share for Q3 2025 stood at $0.75, compared to $0.45 in Q3 2024. The company also reported a fleetwide daily TCE rate of $46,600 per operating day in Q3 2025.

For the nine-month period ended September 30, 2025, profit was $63.5 million, a decrease from $95.7 million in 9M 2024, despite revenues of $264.7 million. The board of directors declared a dividend of $0.75 per common share, payable on December 11, 2025, to shareholders of record as of December 2, 2025.

The company's fleet, as of September 30, 2025, comprised 14 vessels with an average age of 6.1 years, including six Suezmax and eight VLCC vessels. Okeanis Eco Tankers will host a conference call and webcast on November 13, 2025, to further discuss these results.