Forward contract cover locked in for 100% of 2025, 96% of 2026, and 74% of 2027.

Maximizing strategic optionality while also returning capital to shareholders.

Annualized dividend to increase to $2.50 per Class A Common Share.

In continuation to the previous update, the detailed search of the vessel and surrounding area has been completed by EUNAVFOR armed forces, in cooperation with vessel’s officers and crew, without identifying any unauthorized person onboard.

CHARTING A SMART COURSE FORWARD FOR GREEK SHIPPING

To succeed you must survive until you get lucky

Quarterly and annual plans and decisions are no longer feasible in a time of AI when continuous data update is available – data must be leveraged to make weekly and monthly decisions

Last week we saw the USA and China agree on a 1 year pause on port fees to be imposed on each other’s linked vessels. This appears to have given renewed positivity to the liner companies and shippers, also with just under 7 weeks until Christmas, the next couple of weeks are the last chance to import goods Ex China to be available pre-Christmas in the States and Europe.

LNG

The LNG market continued to firm this week, supported by persistently tight tonnage and steady enquiry across both basins. Limited vessel availability, particularly in the Atlantic, has helped maintain upward momentum.

Clean

LR2

MEG LR2s lost steam this week. The TC1 75kt MEG/Japan index dropped a modest 7.78 points to WS132.5, with the corresponding TCE returns falling back below the $30,000/day mark to $29,600/day, basis Baltic description.

Capesize

The Capesize market recorded a notable improvement this week, with momentum building steadily across both basins. After a slow start on Monday, activity gathered pace from Tuesday onward as improved demand and a tightening tonnage list drove gains throughout the week.

Latsco Marine Management Inc. confirms that naval forces arrived on scene earlier today afternoon on Friday, 7th November 2025, and are providing assistance to the HELLAS APHRODITE (IMO: 9722766).

International Seaways, Inc. (NYSE: INSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third quarter 2025.

Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that the Company has entered into long-term time charter