Okeanis Eco Tankers revealed on Friday that it has converted half its VLCC fleet into clean product tankers, described as “LR4” ships, to capture higher earnings in one-off spot employment opportunities.
According to a presentation to analysts following the release of financial earnings, the US-listed company led by Aristidis Alafouzos said it has completed four such conversions in the second quarter and another one in the current one.
