Good morning, everyone, and thank you all for joining us for our Third Quarter and Nine Months 2023 Call of Imperial Petroleum. I'm Harry Vafias, the CEO of the company and with me today is Ms. Ifigeneia Sakellari, who will be discussing our financial performance. Before we commence our discussion, please look at Slide number 2. In essence, it's made clear that this presentation may contain some forward-looking statements as defined by the Private Securities Litigation Reform Act. We raise the attention of our investors to the fact that such forward-looking statements involve risks and uncertainties, which may potentially affect our company's performance in the future. In addition, we'd like to state that during this call, we will quote monetary amounts unless explicitly stated otherwise are all denominated in US dollars. Starting on Slide 3, it’s a summary of our company's performance highlights. Since Q1 2022, we have had profitable quarters repeatedly. This is the seventh quarter we managed to maintain our profitability and we strive to continue to do so. The third quarter of 2023 added to our established strong results as in the nine months of 2023 period, our total net income came in at circa $64 million corresponding to an EPS of $3.59, which is far higher than our current share price levels. Although profitable, our Q3 results did not reflect the strong momentum of the past couple of quarters. Seasonal factors in conjunction with three scheduled drydockings that took place in this quarter hindered our revenue generation, which amounted to $29.4 million, an amount lower than expected. Idle time faced both due to technical and commercial reasons was higher and is moreover evident by the 70.5% quarterly operational utilization. Although the tanker market remains strong in Q3, we did witness a softness in rates and demand,…

Thank you, Harry, and good morning to everyone. When looking at the nine months for 2023 period of this year, our total profit generation is impressed. In the nine months of 2023, we have generated a net income close to $63 million, an outstanding performance given that we operate a small fleet of 10 vessels. Focusing solely on the third quarter of 2023, this indeed was a softer quarter than prior periods, mostly due to seasonal factors. Our fleet operational utilization for the third quarter of the year came in at about 71% as we had about a 100 days of technical off hire due to the scheduled drydocking of three of our product tankers and commercial ideal days stemming mostly from our Suezmax tankers, the Suez Protopia. About 67% of our fleet calendar days equivalent to 565 days were dedicated to spot activity. Looking at our income statement for Q3 2023 on Slide 7 compared to Q3 2022, revenues came in at $29.4 million compared to $42.6 million due to decline in revenues resulting from the sale of Afrapearl II, increased idle time due to three scheduled drydockings, and one of our Suezmax tanker being commercially idle for one-third of the quarter. Voyage cost decreased by $5.8 million due to the decrease of our daily banker costs by $13,400 as a result of oil prices in Q3 2023. Our running costs increased by $1.2 million due to the increase in the average number of our vessels. In this quarter, we also incurred a $8.2 million gain on sale related to the sale of our Aframax tanker Afrapearl II to C3is Inc. In relation to the sale, we also incurred $600,000 of interest income accrued in connection with the remaining consideration of $38.7 million, which is receivable by July 2024.…

I'm very pleased with our performance during the nine months of this year. In this period, we managed to generate net income of $64.7 million and operating cash flow of $73.7 million, both results being well above our current market cap. I'm also pleased by our Board's strategic decision to commence a share buyback program of $10 million as this is a means to give value back to our shareholders. Under this program, we have purchased to-date about 1.1 million shares and in addition, we have repurchased 2.58 million outstanding warrants. As we aspired that these recent moves together with our strong financial results and healthy balance sheet will soon be reflected in our share price. End of Q&A: We would like to thank you all for joining us at our conference call today and for your interest and trust in your company and we look forward to having you with us again for our fourth quarter results. Thank you.