Angeliki Frangou: Q4 Revenue Reaches $365.5M, Distribution Policy Increased by 20%
Reports Q4 revenue $365.5M vs. $332.5M last year. Angeliki Frangou, CEO stated, "We are pleased with our results for the quarter and year ended 2025. For the quarter, we reported net income of $117.3M and EBITDA of $224.8M. For the full year, we reported net income of $285.3M and EBITDA of $744.6M. Earnings per common unit were $3.99 for the quarter and $9.59 for the full year. We are also pleased to announce a 20% increase in our distribution policy to $0.24 per unit annually, commencing from the first quarter of 2026. We are witnessing the evolution of a new world order, with new trade agreements emerging from the dust of decaying institutions. At the same time, trade has become an instrument of national policy, as governments prioritize exports, industrial policy, and strategic control of supply chains, with national security considerations increasingly at the forefront of decision-making. Conflicts and geopolitical tensions are rerouting trade, increasing voyage distances, costs, and transit times. As political considerations grow in importance, trade routes are no longer determined solely by efficiency. In this changing environment, we believe our proven platform-combining a diversified fleet with a disciplined risk-management culture-positions us to continue delivering value through a wide range of market conditions."