Tsakos Energy Navigation Limited

Thank you for standing by, ladies and gentlemen, and welcome to the Chakos Energy Navigation Conference call on the third quarter 2021 financial results. We have with us Mr. Chakos Alapoglu, Chairman of the Board, Mr. Nicolas Chakos, President and CEO, Mr. Paul Durham, Chief Financial Officer, and Mr. George Soros, Chief Operating Officer of the company. At this time, all participants are in 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, press star 1 on your telephone keypad and wait for the automated message advising your line is open. I must advise you that this conference is being recorded today. I will now pass the floor to Mr. Nicolas Bornozis, President of Capital Link, Investor Relations Advisor of Chakos Energy Navigation. Please go ahead, sir.

Thank you very much and good morning to all of our participants. I'm Nicolas Bornozis of Capital Link. Investor Relations Advisor to Tsakos Energy Navigation. This morning, the company publicly released its financial results for the third quarter, a nine-month period ended September 30, 2021. In case we do not have a copy of today's earnings release, please call us at 212-661-7566 or email us at 10... TEN at CapitalLink.com, and we will have a copy for you emailed right away. Please note that parallel to today's conference call, there is also a live audio and slide webcast, which can be accessed on the company's website on the front page at www.tunl.gr. The conference call will follow the presentation slides, so please we urge you to access the presentation slides on the company's website. Please note that the slides of the webcast presentation will be available and archived on the website of the company after the conference call. Also, please note that the slides of the webcast presentation are user-controlled, and that means that by clicking on the proper button, you can move to the next or to the previous slide on your own. At this time, I would like to read the safe harbor statement. This conference call and slide presentation of the webcast contain certain forward-looking statements. within the meaning of the safe harbor provision of the Private Security Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties which may affect TEN's business prospects and results of operations. And at this moment, I would like to pass the floor to Mr. Taki Sarapoglou, the chairman of Tsakos Energy Navigation of TEN. Please go ahead, sir.

Thank you, Nicolas. Good morning, all. Thank you for joining our call today. Nothing much for me to say other than that we manage, as always, in a typical counter-cyclical fashion to grow the company within an extremely challenging market, probably the worst market ever, and have come out unscathed. We booked new incremental accretive business with state-of-the-art, environmentally-friendly vessels. And now we're perfectly positioned to capture the market recovery that seems to be around the corner, as indicated by the recent improvement in MR and LNG rates. Nothing else from me other than wish you all happy holidays and a happy new year. So, Nikos Tsakos, over to you. Thank you.