ATHENS, Greece, August 6, 2026 -- Capital Tankers Corp. (the "Company", "CAPT", "we" or "us"), an international shipping company, focused on crude oil transportation, today announced the delivery of an LR2 tanker, the M/T Athinagoras (111,791 DWT, Dual Fuel LNG, New Times Shipbuilding Co., Ltd., China) to our fleet. This brings the Company's sailing fleet to 14 tankers comprising five Suezmax, four Aframax, four LR2 tankers and one VLCC.
The M/T Athinagoras was partly financed by a senior secured financing arrangement of $50.0 million, repayable in 32 equal quarterly instalments of $0.7 million, and a balloon of $27.6 million together with the last instalment, in August 2034.
The Company is scheduled to take delivery of three additional Suezmax tankers, through the rest of 2026. At the end of this year, the Company expects to own 17 vessels on the water, including one VLCC, eight Suezmax, four Aframax and four LR2 tankers, out of a total fleet of 33 vessels.
About Capital Tankers Corp. Capital Tankers Corp. (Euronext Growth Oslo: CAPT) is a Marshall Islands-incorporated owner of modern crude and product tankers trading its vessels predominantly in the spot and short-term charter markets. The Company owns a fleet of 33 latest generation eco vessels --- 15 VLCCs, 10 Suezmax and eight Aframax/LR2 tankers --- comprising 14 sailing vessels and 19 newbuildings scheduled for delivery between 2026 and 2028, with options for 13 additional crude tankers. 23 of the 33 vessels are dual-fuel LNG ready or capable, providing the Company with significant potential fuel and regulatory cost advantages.
Contact Details Brian Gallagher Investor Relations Director & Business Development Tel. +44 (770) 368 4996 E-mail: b.gallagher@capitalmaritime.com
Forward-Looking Statements This communication contains certain forward-looking statements concerning future events. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The forward-looking statements in this communication are based upon various assumptions, many of which are based, in turn, upon further assumptions. The Company believes that these assumptions were reasonable when made. However, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors include, but are not limited to, the possibility that the Company will determine not to, or be unable to, issue any equity securities or list its securities on a particular stock market, and could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not make any guarantee that the assumptions underlying the forward-looking statements in this announcement are free from errors. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication.
The information, opinions and forward-looking statements contained in this communication speak only as at its date and are subject to change without notice. The Company and its affiliates expressly disclaim any obligation or undertaking to update, review or revise any statement contained in this communication whether as a result of new information, future developments or otherwise.
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