Chartering Strategy

We will trade our vessels primarily in the spot market in the coming years. Our strategy is driven both by our view of a strong tanker market, as well as a desire to capture the full benefit of lower fuel oil costs afforded to us by our eco, scrubber-equipped fleet. In view of the anticipated tanker market over the mid-term, we have positioned our vessels in the spot market, representing about 80% of our available vessel capacity. Our focus is on monitoring the market, executing our chartering strategy, and fully capturing the fuel savings we expect our fleet to generate.

Monetization Strategy

We are committed to crystallizing value for our shareholders via a clear monetization strategy: selling vessels at an opportune time in the cycle and implementing a full dividend payout policy.