Okeanis Eco Tankers Corp. has successfully priced an offering of 3,611,111 new common shares at a subscription price of USD 36.00 per share, generating gross proceeds of approximately USD 130 million. Net proceeds are earmarked as partial equity consideration for the acquisition of two newbuilding Suezmax vessels under construction at Daehan Shipbuilding Co., each valued at USD 99.3 million and scheduled for delivery in the second quarter of 2026, subject to customary closing conditions and debt financing. The purchase of one vessel is not contingent on the other. Should one or both acquisitions fail to close, remaining funds will be used for general corporate purposes. Allocation notice occurred on January 21, 2026, with settlement via DTC expected on or about January 23, 2026, after which shares will commence trading on the New York Stock Exchange and may be transferred to Euronext Securities Oslo under standard DTC–VPS arrangements.

For the fourth quarter of 2025, OET estimates a fleetwide daily time charter equivalent (TCE) rate of approximately USD 75,400 per operating day. In the first quarter of 2026, 26% of available spot days have been fixed at an average TCE of USD 106,700. Segment breakdown shows VLCC vessels delivered a Q4 TCE of USD 91,300 with 37% of Q1 spot days booked at USD 110,100, while Suezmax vessels achieved Q4 TCE of USD 50,800 with 16% of Q1 spot days secured at USD 98,500. The Company also confirms delivery of two sister Suezmax newbuildings—the Nissos Piperi on January 8 and the Nissos Serifopoula on January 14, 2026—expanding its scrubber-fitted fleet to support continued rate optimization.

OET employs Daily TCE Rate, a non-IFRS metric, to standardize revenue performance comparisons across voyage and time charters. The measure is calculated by netting voyage expenses and commissions from total revenues to derive time charter equivalent revenue, then dividing by operating days (calendar days less off-hire days). For Q4 2025, the Company’s reported figures—USD 124.03 million in revenue, USD 31.45 million in voyage expenses, and USD 1.25 million in commissions over 1,211 operating days—produce the USD 75,400 daily rate. While IFRS reporting remains the Company’s primary financial framework, OET believes Daily TCE Rate provides investors with clearer insights into fleet utilization and charter economics.