Company Reports Q1 Adjusted Revenue of $157.2M
Reports Q1 adjusted revenue $157.2M, consensus $154.67M. The company said, "Thus far in the second quarter of 2026, 70% of the available VLCC spot days have been booked at an average rate of $168,300 per day on a discharge-to-discharge basis. 85% of the available VLCC days, combined spot and time charter days, have been booked at an average rate of $113,500 per day. "