ECHO BAY MINES. Every tracked FinTwit mention of $ECO, newest first. 31 mentions since the first on Jun 11, 2025. See the price chart.
June 2026 · 1 mention
Jun 3
Keyser Soze — Yes, AF incentivized to grow fleet, but hasn’t for years! EASIEST way to grow the fleet is for stock to trade >NAV so ACCRETIVE share issuance to fund new ships (see $ECO). EASI…↗
Marhelm — Okeanis Eco Tankers sets a new VLCC benchmark, fixing the 2022-built, 300,000-dwt scrubber-fitted Nissos Nikouria to Koch Shipping at $91,140/day for one year.
$ECO $OET↗
Feb 2
Marhelm — Sneak peek from upcoming subscriber interview with Fernresearch on shipping market and macro outlooks
$FRO $ECO $CBMT $STNG $DHT $TRMD $INSW $NAT $TEN $ASC $PXS $SNI.OL $DIS.MI $Z…↗
January 2026 · 2 mentions
Jan 21
Marhelm — Okeanis Eco Tankers sees strong spot earnings. Q4 2025 TCE: fleetwide $75,400/day (VLCC $91,300/day, Suezmax $50,800/day). Q1 2026 so far: 26% of fleet days booked at $106,700/day;…↗
Jan 7
Keyser Soze — While I am a seller of oil equities (which I thought was starting to align again), all that money is going into takers. The tanker bull market just got a few more potential shots o…↗
December 2025 · 1 mention
Dec 11
Marhelm — Supertanker shortage intensifies: six new VLCCs in 2025 raced empty from East Asia to the Middle East, Africa, or the Americas, up from just one empty maiden voyage last year. $DH…↗
November 2025 · 5 mentions
Nov 24
Marhelm — VLCC panic hunt in full swing: TD3C MEG–China just blasted to $143,900/day (+9% W/W, +63% M/M);
5-yr high!!!
WAF TCE at $116,000/day, USG at $93,000/day.
IOCL grabs Skope…↗
Nov 19
Marhelm — Okeanis Eco Tankers raising ~$100m to buy two 157,000 dwt Suezmaxes at $97m each as rates surge to ~$85,000/day. Fleet grows from 14→16 vessels, Delivery Jan ’26.
$OET $ECO↗
Nov 17
Marhelm — Okeanis is locking in VLCCs for Jan at >$100k/day and CEO Alafouzos says the rally’s far from over.
Spot rates ripped past $160k/day in Oct, fueled by surging MEG cargoes and…↗
Nov 13
Marhelm — Okeanis Eco Tankers snaps back its last 2 VLCCs: Nissos Rhenia & Nissos Despotiko (both 2019), ending all sale-leasebacks.
Q3 profits crushed expectations, giving the Alafouz…
October 2025 · 4 mentions
Oct 24
Marhelm — Tanker bulls are charging again
Fredriksen & Alafouzos just locked in 6-figure VLCC fixtures.
Rates back to $79.5k/day, up $2.2k, after tanking from $95k/day.
$FRO $OET $EC…↗
Oct 22
Marhelm — VLCC rates could surge toward $200,000/day as floating storage re-emerges for the first time in 5 years.
With booming supply and weak demand, storing oil at sea may finally make ec…↗
Oct 9
Marhelm — VLCCs off 10% from $100K/day highs, just a breather?
Tight tonnage and rising non-Russian flows keep the upside alive.
Frontline aiming for $30.
$FRO $ECO $INSW↗
Oct 6
Marhelm — VLCC earnings have slumped
Daily rates have tumbled from $108k to below $80k/day as market activity remains muted in recent weeks.
$FRO $ECO $OET
September 2025 · 3 mentions
Sep 24
Marhelm — "Stock-picking matters in crude tankers. And Okeanis is the company with the most room to run" Equity analyst at Arctic Kristoffer Barth Skeie made us more bullish on shipping aft…↗
Sep 12
Marhelm — VLCCs back on fire: after a brief pause, the rally resumes with Baltic Exchange earnings hitting $71,863/day (+59% MTD). Several fixtures now >$100k/day, signaling a market that…↗
Sep 3
Marhelm — VLCC market on fire: ships snapped up east and west of Suez, relets dominate the lists. MEG/Taiwan fixed at WS65 vs WS60.83 yesterday; TD3C paper >WS70 for Sep. USG strength, OP…↗
August 2025 · 5 mentions
Aug 25
Marhelm — Fewer spot VLCCs in the Middle East Gulf tighten supply, lifting rates. Earnings surge 25% to $57,000/day for modern day tonnage on early September cargoes.
$FRO $DHT $OET $ECO↗
Aug 20
Marhelm — VLCC rates remained firm this summer, with MEG/East trading in the WS 50–60 band, struggling past WS 60. Rising OPEC+ output, US Gulf exports eastbound, and Brazil’s growing progra…↗
Aug 13
Marhelm — Okeanis reported a net profit of $26,9 million in Q2, down from $39,6 million last year, and declared a dividend of $0,7. $ECO↗
Aug 5
Marhelm — "China and India are buying 80 percent of Russian oil exports and the current US pressure on India is likely to divert some of that demand. This will have a positive rate impact fo…
July 2025 · 4 mentions
Jul 30
Marhelm — ABG raises the Okeanis PT to $38,5 and sticks with Buy. "Will outperform and we estimate a 24 percent dividend yield in 2026". $ECO↗
Jul 28
Marhelm — Okeanis is expected to outperform among the crude tankers with scrubbers and eco-design delivering higher margins than the competition.
Stay tuned for our next talk with CEO Ari…↗
Jul 23
Marhelm — Jefferies initiates coverage of Okeanis with a Buy and a PT of $29.
"The company has the youngest and most modern fleet with scrubbers and eco-design delivering higher margins t…↗
Jul 3
Marhelm — DNB Carnegie: Okeanis has a strong track record. P/E based on 2025 estimate is at 6,4.This is your premium exposure to the VLCC market.
Buy with PT $33,5. $ECO
June 2025 · 3 mentions
Jun 16
Marhelm — VLCC Spot rates surge 20% as owners avoid Middle East war zone. ME Gulf-Japan route jumps $12,000/day to $31,000 amid missile strikes by Israel and Iran. Fixings near standstill.…↗
Jun 12
Marhelm — VLCC owners may enjoy a summer rate rally as OPEC barrels hit water in August, with buyers restocking. But it’s a “boom and bust” setup—cash in before winter hits. $FRO $DHT $OET…↗
Jun 11
Marhelm — VLCC owners may enjoy a summer rate rally as OPEC barrels hit water in August, with buyers restocking. But it’s a “boom and bust” setup—cash in before winter hits.
$FRO $DHT $OET…↗
Marhelm — Laden VLCCs hit a record high, with just 39% of the fleet in ballast as spot rates surge past $100,000/day, the strongest market in 3 years.
Tight supply and steady crude exports…↗
Marhelm — Trump's warning to India and China over Russian oil, paired with OPEC's 547k bpd hike, could supercharge tanker markets. Political pressure + rising supply = bullish set-up for rat…↗