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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 4 sources · 2 days · First seen · Last updated

Y/KNOT Invest maritime operations and growth

Overview

Y/KNOT Invest has reported significant progress in its strategic maritime transformation. The company, which recently joined the Athens Stock Exchange General Index, achieved profitability in the first half of 2026 following a capital increase of 22.8 million euros that was 1.5 times oversubscribed.

In its shipping operations, the tanker Amethyst secured a new charter agreement with a major international oil trading group. The daily rate for the vessel rose to $175,000, a substantial increase from its previous rate of $45,000. This contract is expected to last between 1.5 and 2.5 months, with estimated revenues ranging from $7.7 million to $13.3 million. Additionally, the dry bulk carrier Federica has demonstrated strong performance through consecutive profitable charters.

Entities

Athens Stock Exchange · Y/KNOT Invest · George Tzortzis · Amethyst · Euronext

Timeline

  1. [BUSINESS] 2 sources
    Y/KNOT Invest reports strategic progress through maritime sector

    Y/KNOT Invest highlights its strategic maritime-led transformation, noting a return to profitability in early 2026 and successful new vessel charters.

  2. [BUSINESS] 2 sources
    Y/KNOT Invest secures $175,000 daily charter for Amethyst

    Y/KNOT Invest's tanker Amethyst has secured a new charter at $175,000 per day, nearly quadrupling its previous daily rate due to high market demand.

Sources

e-nautilia.gr · energygame.gr · naftemporiki.gr · parapolitika.gr