Friday, February 25, 2022
Highlights:
As regards the recent political events in Russia and Ukraine, we shall comment later when matters are more clear.
1. On a Time Charter Equivalent (TCE) basis, fourth quarter 2021 was the best quarter of the last five quarters. We take comfort from an improving trend in both top- and bottom-line results.
2. The average TCE for our active fleet during the fourth quarter 2021 came in at $10,100 per day per ship. This was up 74%…
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