CEO Speak: Okeanis Eco Tankers CEO Aristides Alafouzos Discusses Company and Tanker Sector Outlook for 2025
1. CEO Alafouzos sees favorable market dynamics for ECO heading into 2025. 2. U.S. sanctions on Russian and Iranian oil could eliminate 1.5 million barrels daily. 3. Aging fleet dynamics may tighten supply, benefitting ECO's modern fleet. 4. Financially strong with lower margins; focused on shareholder returns. 5. Potential U.S. SPR refilling may increase demand for VLCCs significantly.