ATHENS, Greece, June 8, 2026 -- Capital Tankers Corp. (the "Company", "CAPT",
"we" or "us"), an international shipping company, focused on crude oil
transportation, today announced the delivery of a Suezmax tanker, the M/T
Archelaos (155,363 DWT, Dual Fuel LNG capable, scrubber fitted, New Times
Shipbuilding Co., Ltd., China) to our fleet. This brings the Company's sailing
fleet to 13 tankers comprising five Suezmax, four Aframax, three LR2 tankers
and one VLCC.
The M/T Archelaos was partly financed by a sale and leaseback arrangement of
$67.5 million, repayable in 40 quarterly instalments of $0.8 million, and a
balloon of $33.8 million together with the last instalment, in June 2036.
The Company is scheduled to take delivery of four more vessels, one LR2 and
three 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 30
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 30 super-eco vessels --- 12 VLCCs, 10 Suezmax and eight
Aframax/LR2 tankers --- comprising 13 sailing vessels and 17 newbuildings
scheduled for delivery between 2026 and 2028, with options for 13 additional
crude tankers. 23 of the 30 vessels are dual-fuel LNG 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.
se any statement contained in this\
communication whether as a result of new information\, future developments or\
otherwise.\