ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the "Company" or "OET" or "Okeanis") (NYSE:ECO), today reported unaudited condensed financial statements for the first quarter and three-month period of 2024, which are attached to this press release. Selected Q1 2024 and Recent Highlights: Time charter equivalent ("TCE", a non-IFRS measure*) revenue and Adjusted EBITDA (a non-IFRS measure*) of $81.0 million and $65.2 million, respectively. Adjusted profit and Adjusted earnings per share (non-IFRS measures*) for the period of $39.6 million or $1.23 per basic & diluted share. Fleetwide daily TCE rate of $63,600 per operating day; VLCC and Suezmax TCE rates of $68,800 and $56,700 per operating day, respectively. Daily vessel operating expenses ("opex", a non-IFRS measure*) of $9,208 per calendar day, including management fees. In Q2 2024 to date, 82% of the available VLCC spot days have been booked at an average TCE rate of $75,900 per day and 57% of the available Suezmax spot days have been booked at an average TCE rate of $60,800 per day. The Company paid an amount of approximately $21.2 million or $0.66 per share in March 2024 as a dividend classified for accounting purposes as a return of paid-in capital. *The Company uses certain financial information calculated on a basis other than in accordance with generally accepted accounting principles, including TCE, Adjusted EBITA, Adjusted profit, Adjusted earnings per share, and opex. For a reconciliation of these non-IFRS measures please refer to the end of the attached report. Declaration of 1Q 2024 dividend The Company's board of directors declared a dividend of $1.10 per common share to shareholders. Dividends payable to common shares registered in the Euronext VPS will be distributed in NOK. The cash payment will be classified as a return of paid-in-capital and will be paid on June 20, 2024, to shareholders of record as of June ...