Tsakos Energy Navigation Limited

Thank you for standing by, ladies and gentlemen, and welcome to the SACOS Energy Navigation Conference call on the third quarter 2022 financial results. We have with us Mr. Takis Arapoglu, Chairman of the Board, Mr. Nicholas SACOS, President and CEO, Mr. Paul Durham, Chief Financial Officer, and Mr. George Saraglou, Chief Operating 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, please press star 1 on your telephone keypad and wait for your name to be announced. I must advise you that this conference is being recorded today. And now, I pass the floor over to Mr. Nicholas Fornosas, President of Capital Link Investor Relations Advisor to Sarkos Energy Navigation. Please go ahead, sir.

Thank you very much, and good morning to all of our participants. I'm Nicolas Borneros of Capitalink, investor relations advisor to Sarkos Energy Navigation. This morning, the company publicly released its financial results for the third quarter in nine months ended September 30, 2022. In case you do not have a copy of today's earnings release, Please call us at 212-661-7566 or email us at 10GEN 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.capitallink.com. 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 stage, 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 Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties which may affect tens of business prospects and results of operations. And before passing the floor to the chairman, I would like to remind everybody and congratulate them. This year, the company is celebrating its 20th anniversary of listing on the New York Stock Exchange. And on December 9 we look forward to having with us in New York the management of TEN and Dr. Tsarkos joining the Capital Link Invest in Greece Forum December 9 in New York. And at this moment I would like to pass the floor to Mr. Arapoglou, the chairman of Tsarkos Energy Navigation. Please go ahead, sir.

MR. Thank you, Nikos. Good morning, good afternoon to all. Thank you for joining our call today. Real congratulations to management for historical second-best quarterly performance, just below the highest ever in Q4-07 of 52 million. So, you know, this is a great result. It proves once again The strategy model protects us in bad times, fully responds in good times, and allows us to serve our obligations, pay dividends, and generate cash for new business. And we're very happy that all this is reflected now, is beginning to be reflected on the stock price. And in particular, I'd like to congratulate management for the successful new business with another blue chip customer, Total, on a first deal ever on a very successful business. So without further ado, congratulations to Nico Sarkozy and his team and offer the floor to him for the rest of the meeting. Thank you, Nikos.