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Strong morning for tankers and $TEN hits a new 52 week high.

Front month/Q3 Panamax and Supramax FFA contracts up 4-5% today. $NMM $SBLK $BDRY $HSHP $CMBT $GNK $PANL $SB $SHIP

$STNG sells 2 MRs: Entered into agreements to sell two 2015 built scrubber-fitted MR product tankers, STI Brooklyn and STI Black Hawk, for $35.0 million per vessel. The sale of these vessels is expected to close within the second quarter of 2026

$GNK issued a letter to its shareholders as part of its proxy battle with $DSX

$DHT fleet update: The Company has taken delivery of the DHT Gazelle, a VLCC newbuilding from Hyundai Samho Heavy Industries. The vessel, which is the third in a series of four deliveries during the first half of 2026, will commence a five- to seven-year time charter contract with a major oil company

Broad markets down 1%. Tankers very mildly up this morning. #TANKERS

Tanker spot rates continue to rise across the board. Aframax have now reached $230,000. LR2s over $90,000. Suezmax TD20 at $210,000. MRs in the Atlantic over $100,000. $FRO $NAT $TEN $TRMD $BWET $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI

Strong day for Tanker FFAs. Equities also strong at +2-4% in early trading. $FRO $NAT $TEN $TRMD $BWET $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI

$GLNG formally announces its strategic review process, which it previewed during its Q4 conference call

$LPG provides Q1 guidance of $58,000

$STNG provides a Q1 and Q2 TCE and cash update. LR2s at $101K for 16% of Q2 days.

Dirty and clean spot rates up again today. Equities pulling back and down 3-4% $FRO $NAT $TEN $TRMD $BWET $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI

Dirty Tanker spot market in record territory as Baltic marked VLCC, Suezmax, and Aframax TCEs all above $200,000 yesterday. $FRO $NAT $TEN $TRMD $BWET $STNG $TNK $DHT $INSW $ASC $ECO $HAFNI

$FLNG locks in a 2 year charter (with 2+2 options) for Flex Aurora.

$KNOP issued its Q4 report this morning. AEBITDA $59M

Tankers up around 3% this morning. New 52 week high for $TEN 👏

$GNK takes delivery of its second Newcastlemax

Tanker dirty spot rates hitting record levels with Aframax TCE over $150,000 and Suezmax TCE over $180,000. VLCCs over $200,000 Clean spot rates nearing late 2022 levels. #TANKERS

Capesize index: 22,292 (-839) FFAs -1%. $NMM $SBLK $BDRY $HSHP $CMBT $GNK $PANL $SB $SHIP

Broad markets rallying. Tanker basket +2%