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Thank you for standing by, ladies and gentlemen, and welcome to Grinrod Shipping Holdings Limited conference call on the fourth quarter 2021 financial results. We have with us Mr. Martin Wade, Chief Executive Officer, and Mr. Stephen Griffiths, Chief Financial Officer of the company. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question and answer session, at which time, if you wish to ask a question... You will need to press star 1 on your telephone keypad and wait for the automated message advising your line is open. I must advise you the conference is being recorded today. We now pass the floor to one of your first speakers, Mr. Martin Wade. Please go ahead.

Slide 2. Let me please refer you to slide number 2 with the forward-looking statement disclaimer. On this call, we will make certain forward-looking statements, including statements regarding our future financial and operating performance. These statements include information regarding future time charter contracts, outlooks for the dry bulk markets, and other operating matters. These statements are based on the beliefs and expectations of management as of today. Our actual results may differ materially from our expectations. Investors should read carefully the risks and uncertainties described in the slide presentation and in yesterday's press release, as well as the risk factors included in our annual report and our other filings with the SEC. We assume no obligation to revise or update forward-looking statements, whether as the result of new information, future events, or otherwise, except as required by law. In addition, during this call, we will be discussing certain non-GAAP financial measures. Additional disclosures relating to these non-GAAP financial measures, including reconciliation for the most directly comparable GAAP measures, can be seen in yesterday's press release and pages 24 to 26 of the slide deck, which is posted on our website and our filings at the FCC. Please turn to slide four for an overview of our fourth quarter and year end 2021 natural results. Greenrod Shipping enjoyed overall record financial results during the fourth quarter and full year 2021, taking full advantage of the improved dry bulk market conditions as well as our operational model. But the fourth quarter and full year 2021 Adjusted net income was $54.6 million, or $2.88 per ordinary share, and $122.4 million, or $6.39 per share, respectively. In addition, we enjoyed adjusted EBITDA of $73.2 million and $206.9 million for the respective periods. Executing under our share repurchase program, We accelerated our repurchases during the fourth quarter at highly accretive levels to our financial metrics per share with a total of $10.2 million or 700,491 ordinary shares repurchased in the open market on NASDAQ and the JSC at an average price of $14.58 per share. The full year 2021, we repurchased a total of $11.9 million, 825,163 ordinary shares in the open market on NASDAQ and the JSC at an average price of $14.39. As of December 31, 2021, we have materially enhanced our liquidity. and finished the year with cash and equivalents of $104.2 million and restricted cash of $9.5 million. Now, please turn to slide five to look at our fourth quarter operational highlights and recent developments. We exercised our option to extend the firm chartering period of the 2014 built Supermats bulk carrier IVS Naruro for 12 months at $13,000 per day, starting from January 21, 2022. This vessel has two additional one-year options to extend at $13,000 per day for each extension year. The purchase option on this ship is exercisable in Q4 2022, subject to contract terms and conditions. As a reminder, Grinrod Shipping has five remaining purchase options, which you will find on slide 22 of this presentation in our charter and fleet update, providing the value of our long-term charter and vessels and associated purchase options. Regarding our recent developments on February 16, 2022, our Board of Directors declared an interim quarterly cash dividend of of $0.72 per ordinary share payable on or about March 22, 2022 to all shareholders of record as of March 11, 2022. Together with the $10.2 million of shares repurchased during the fourth quarter 2021, which is equivalent to a further $0.55 per ordinary share, Greenrod Shipping will return capital equivalent to a total of $1.27 per ordinary share to shareholders. The Board elected to maintain the same dividend per share as the third quarter, despite materially higher share repurchases during the quarter due to the continued extraordinary strength in our financial results and our strong balance sheet. Now I'll pass the floor over to Steve Griffiths, our Chief Financial Officer. We'll go over the financial highlights and performance for the fourth quarter of 2021. Steve?

Thank you, Martin. Turning to slide seven. During the fourth quarter of 2021, we continued to achieve strong results due to the robust market conditions and the earning power of our expanded owned fleet following the acquisition of the remaining portion of our RVS bulk subsidiary. In this context, revenue increased to $142.5 million for the three months ended December 31, 2021, compared to $55.7 million in the same period 2020. First profit increased more than tenfold to $66.7 million in Q4 2021 compared to $4.5 million for the same period 2020. Net profit attributable to owners of the company for Q4 2021 increased to $52.9 million or $2.79 per ordinary share compared to a loss of $6.2 million or a loss of $0.33 per ordinary share for the same period 2020. On the right-hand side of slide eight, we go to the full year 2021. Gross profit increased to $176.9 million for the full year 2021 versus $4.1 million for the same period 2020. Net profit attributable to owners of the company for the full year 2021 increased to $122.1 million or $6.38 per ordinary share versus a loss of $32.7 million or $1.72 per ordinary share for the same period 2020. Turning to slide eight, we were able to materially enhance our cash and liquidity during the full year of 2021 as cash and restricted cash increased by $63.2 million while simultaneously reducing our debt by $32.7 million, all while adding a previous long-term chartered ship to our own fleet at a favorable level. We believe Greenrod Shipping is well-positioned to pursue its growth and capital return strategies. On slide 9, we provide our bank loans and other borrowings repayment profile at December 31, 2021. Limited debt maturity until 2025, combined with a conservative amortization profile, provide us with optimal balance sheet flexibility going forward. Overall, we maintain low leverage, especially on a net debt basis, and this is even lower when you take into consideration the market value of our fleet, which is comprised mainly of modern Japanese-built ecovessels. Slide 10, we will now briefly discuss results in the dry bulk business for the fourth quarter of 2021. Andy Saas TCE per day was $28,842 for the three months ended December 31, 2021, versus $8,395 per day for the same period, 2020. For the 12 months ended December 31, 2021, Andy Saas TCE per day was $21,336 versus $6,629 for the same period, 2020. Supramax Ultramax TCE per day was $50,089 per day for the three months ended December 31, 2021, versus $10,937 per day for the same period December 31, 2020. For the 12 months ended December 31, 2021, Supramax Ultramax TCE per day was $23,608 per day versus $10,072 for the same period 2020. As of February the 14th, 2022, we have contracted approximately 1,103 operating days at an average TCE of $21,911 per day for our handy-sized and approximately 1,474 operating days at an average TCE of $24,374 per day. for our Ultramaxes. The average long-term chartering cost per day for the Supermax Ultramax fleet for the first quarter of 2022 is expected to be approximately $13,057 per day. Now turning to slide 11, the scale of the rise in the drought rate rates is easily demonstrated versus our historical results. During the full year 2021, approximately 90% of our fleet was predominantly trading either on index-linked cargo contracts, short-term time charters, or in the spot market, leaving our company exceptionally well-positioned to take advantage of the strong freight-based environment. To put this into context, every $1,000 change in TCE per day equated to approximately $10.8 million of TCE revenue during the full year 2021, and that's for our core fleet. I just want to add that although we are seeing a weaker Q1 2022 environment compared to the second half of 2021, we are still well above market rates for the same period last year, and our secured days for Q1 are rates above the indices to date in the quarter. Now turning to slide 12, it shows the core fleet cash break-even analysis for the full year 2021. Our own fleet breakeven was $11,121 per vessel per day, while the core dry bulk breakeven was $11,910 per vessel per day, including long-term chartering vessels. The cash breakeven rate per day includes operational expenses, net G&A, interest expense, and debt repayment. You can contrast these figures to the daily TCE rates in the previous slide to assess the robustness of our profitability. But with that, I would like to return the call back over to Martin.