Okeanis Eco Tankers (ECO) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Okeanis Eco Tankers Corp   (NYSE: ECO)

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Description of Okeanis Eco Tankers's Business Segments


Okeanis Eco Tankers Corp is a prominent player in the maritime industry, focusing on the ownership and operation of eco-friendly tanker vessels. The company primarily specializes in the transportation of crude oil and refined petroleum products. Below is an extensive overview of the segments, products, and services offered by Okeanis Eco Tankers Corp.

Segments

1. Crude Oil Tanker Operations:
- Okeanis Eco Tankers operates very large crude carriers (VLCCs) and Suezmax tankers. These vessels are designed for the transportation of unrefined oil from production sites to refineries around the world.

2. Product Tanker Operations:
- The company also manages product tankers that transport refined petroleum products such as gasoline, diesel, jet fuel, and other derivatives. These vessels are smaller than crude carriers and are tailored for the effective delivery of finished oil products.

3. Eco-Friendly Vessel Technologies:
- Understanding the importance of sustainability in the maritime industry, Okeanis Eco Tankers incorporates eco-friendly technologies in their vessels. This includes energy-efficient engines, hull designs that reduce drag, and other innovations aimed at reducing emissions and environmental impact.

Products

1. Vessel Fleet:
- Okeanis Eco Tankers operates a modern fleet that includes:
- VLCCs: Designed for large-scale crude oil transportation.
- Suezmax Tankers: Capable of navigating the Suez Canal while still carrying a substantial cargo load.
- Product Tankers: Smaller vessels specified for various refined petroleum products.
- The fleet is constantly being updated and maintained to ensure compliance with environmental regulations and industry standards.

2. Chartering Services:
- The company offers chartering services for its vessels, allowing clients to lease tankers for specific routes or cargo volumes. This service is crucial for companies looking to manage logistics without the overhead of owning a vessel.

3. Operational Support:
- Okeanis provides comprehensive operational support, including navigation, route optimization, and cargo handling services, ensuring that every shipment is executed efficiently and safely.

4. Ship Management Services:
- This includes technical management, crew management, and compliance with regulatory requirements, enabling clients to focus on their core business while ensuring the safe and efficient operation of their vessels.

Services

1. Transportation of Crude Oil and Refined Products:
- The primary service offered by Okeanis is the safe and efficient transportation of crude oil and refined products across global trade routes. This involves:

- Pre-voyage planning and logistics coordination.
- Real-time tracking of vessels and cargo.
- Coordination with port authorities and compliance with local regulations.

2. Customized Shipping Solutions:
- Okeanis understands that each client has unique needs. They provide customized shipping solutions tailored to specific shipping requirements, taking into account factors such as cargo type, delivery schedules, and cost-effectiveness.

3. Environmental Compliance Services:
- Given the increasing global focus on environmental regulations, Okeanis Eco Tankers offers services that ensure compliance with various international maritime regulations. This includes monitoring emissions, waste management, and adherence to protocols designed to protect marine environments.

4. Safety and Risk Management:
- The company prioritizes safety and risk management through rigorous training programs for personnel, safety audits, and emergency preparedness drills. Their commitment to safety extends beyond regulatory compliance to encompass a proactive approach to identifying and mitigating risks in maritime operations.

5. Market Intelligence and Advisory Services:
- Okeanis provides clients with in-depth market analysis and intelligence related to shipping trends, oil prices, and geopolitical factors that could impact their operations. This advisory service can help clients make informed decisions regarding their logistics and shipping strategies.

Conclusion

Okeanis Eco Tankers Corp is multifaceted in its approach to the shipping industry, combining modern fleet capabilities with a commitment to sustainability and operational excellence. Through its various segments, products, and services, the company addresses the diverse needs of customers in the oil and shipping sectors while striving to maintain high standards of environmental responsibility and safety.




Annual Report on Okeanis Eco Tankers Corp Divisions, Sales by Country

 
Time Charter   Time Charter Segment contribution to total sales 1.94 % of total Revenue
Time Charter Lease component   Time Charter Lease component Segment contribution to total sales 1.55 % of total Revenue
Time Charter Non-lease component   Time Charter Non-lease component Segment contribution to total sales 0.39 % of total Revenue
Voyage Charter   Voyage Charter Segment contribution to total sales 98.06 % of total Revenue
Freight   Freight Segment contribution to total sales 88.56 % of total Revenue
Demurrages   Demurrages Segment contribution to total sales 9.5 % of total Revenue
Europe   Europe Segment contribution to total sales 63.04 % of total Revenue
Asia   Asia Segment contribution to total sales 28.33 % of total Revenue
South America   South America Segment contribution to total sales 2.45 % of total Revenue
North America   North America Segment contribution to total sales 6.18 % of total Revenue


Twelve months ended 2025
ECO s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Time Charter 7.59 1.94 %
Time Charter Lease component 6.06 1.55 %
Time Charter Non-lease component 1.53 0.39 %
Voyage Charter 383.95 98.06 %
Freight 346.74 88.56 %
Demurrages 37.21 9.5 %
Europe 246.83 63.04 %
Asia 110.91 28.33 %
South America 9.61 2.45 %
North America 24.20 6.18 %
Total 391.55 100 %


Twelve months ended 2025
ECO s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 122.95 31.4 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Time Charter -59.26 % -
Time Charter Lease component -63.38 % -
Time Charter Non-lease component -26.62 % -
Voyage Charter 2.5 % -
Freight 3.18 % -
Demurrages -3.43 % -
Europe 43.07 % -
Asia -31.58 % -
South America -49.86 % -
North America -36.3 % -
Africa - -
Total -0.43 % 12.94 %



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