Okeanis Eco Tankers Corp. Sample Contracts
Dated 31 January 2024 US$34,700,000 TERM LOAN FACILITY OMEGA ONE MARINE CORP. as Borrower and OKEANIS ECO TANKERS CORP. as Guarantor and THE FINANCIAL INSTITUTIONS listed in Part B of Schedule 1 as Original Lenders and KEXIM ASIA LIMITED as Mandated...Term Loan Facility • April 30th, 2024 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
(1)OMEGA ONE MARINE CORP., a corporation incorporated in the Republic of the Marshall Islands, whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 as borrower (the “Borrower”)
Dated 8 September 2023 OMEGA SIX MARINE CORP. OMEGA TEN MARINE CORP. as joint and several Borrowers and Hedge Guarantors and OKEANIS ECO TANKERS CORP. as Guarantor and CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK as Arranger and THE BANKS AND...Facility Agreement • November 2nd, 2023 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • April 30th, 2024 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight • New York
This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of December 6, 2023 between Okeanis Eco Tankers Corp., a Marshall Islands corporation (the “Company”), Hospitality Assets Corp., a Marshall Islands corporation, and Glafki Marine Corp., a Marshall Islands corporation (collectively, with Hospitality Assets Corp., the “Shareholders” and each a “Shareholder”).
Dated 20 June 2024 US$31,110,000 TERM LOAN FACILITY OMEGA TWO MARINE CORP. as Borrower and OKEANIS ECO TANKERS CORP. as Guarantor and THE FINANCIAL INSTITUTIONS listed in Part B of Schedule 1 as Original Lenders and BANK SINOPAC CO., LTD as Facility...Term Loan Facility Agreement • March 31st, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 28 2 The Facility 28 3 Purpose 29 4 Conditions of Utilisation 29 Section 3 Utilisation 31 5 Utilisation 31 Section 4 Repayment, Prepayment and Cancellation 33 6 Repayment 33 7 Prepayment and Cancellation 34 Section 5 Costs of Utilisation 37 8 Interest 37 9 Interest Periods 38 10 Changes to the Calculation of Interest 38 11 Fees 40 Section 6 Additional Payment Obligations 41 12 Tax Gross Up and Indemnities 41 13 Increased Costs 45 14 Other Indemnities 46 15 Mitigation by the Finance Parties 49 16 Costs and Expenses 49 Section 7 Guarantee 51 17 Guarantee and Indemnity 51 Section 8 Representations, Undertakings and Events of Default 54 18 Representations 54 19 Information Undertakings 60 20 Financial Covenants 63 21 General Undertakings 65 22 Insurance Undertakings 72 23 General Ship Undertakings 78 24 Security Cover 86 25 Accounts and application of Earnings 88 26 Events of Default
Dated 21 May 2024 Up to $60,000,000 TERM LOAN FACILITY ANASSA NAVIGATION S.A. as Borrower and OKEANIS ECO TANKERS CORP. as Parent Guarantor and DANISH SHIP FINANCE A/S as Original Lender FACILITY AGREEMENT relating to and (ii) for general corporate...Term Loan Facility • March 31st, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 27 2 The Facility 27 3 Purpose 27 4 Conditions of Utilisation 28 Section 3 Utilisation 29 5 Utilisation 29 Section 4 Repayment, Prepayment and Cancellation 31 6 Repayment 31 7 Prepayment and Cancellation 31 Section 5 Costs of Utilisation 35 8 Interest 35 9 Interest Periods 36 10 Changes to the Calculation of Interest 37 11 Fees 42 Section 6 Additional Payment Obligations 43 12 Tax Gross Up and Indemnities 43 13 Increased Costs 46 14 Other Indemnities 48 15 Mitigation by the Lender and Force Majeure Event 50 16 Costs and Expenses 52 Section 7 Guarantee 53 17 Guarantee and Indemnity – Parent Guarantor 53 Section 8 Representations, Undertakings and Events of Default 56 18 Representations 56 19 Information Undertakings 64 20 Financial Covenants 67 21 General Undertakings 69 22 Insurance Undertakings 76 23 General Ship Und
ContractShipman 2009 Standard Ship Management Agreement • November 2nd, 2023 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Copyright, published by BIMCO Explanatory Notes for SHIPMAN 2009 are available from BIMCO at www.bimco.org First published 1988. Revised 1998 and 2009 Approved by the International Ship Managers' Association
ContractFacility Agreement • March 20th, 2026 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
From: NATIONAL BANK OF GREECE S.A. 2 Bouboulinas Street Akti Miaouli, 185 35 Piraeus, Greece as lender (the “Lender”) To: OMEGA FOURTEEN MARINE CORP. Trust Company Complex, Ajeltake Road Ajeltake Island, Majuro Marshall Islands MH96960 as borrower (the “Borrower”)
Dated 8 May 2025 THETA NAVIGATION LTD MOONSPRITE SHIPPING CORP. as joint and several Borrowers and OKEANIS ECO TANKERS CORP. as Parent Guarantor and ALPHA BANK S.A. as Original Lender FACILITY AGREEMENT relating toFacility Agreement • March 20th, 2026 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Index Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 28 2 The Facility 28 3 Purpose 28 4 Conditions of Utilisation 29 Section 3 Utilisation 30 5 Utilisation 30 Section 4 Repayment, Prepayment and Cancellation 32 6 Repayment 32 7 Prepayment and Cancellation 33 Section 5 Costs of Utilisation 36 8 Interest 36 9 Interest Periods 38 10 Changes to the Calculation of Interest 39 11 Fees 40 Section 6 Additional Payment Obligations 42 12 Tax Gross Up and Indemnities 42 13 Increased Costs 45 14 Other Indemnities 47 15 Mitigation by the Lender 49 16 Costs and Expenses 50 Section 7 Guarantees and joint and several liability of Borrowers 51 17 Guarantee and Indemnity – Parent Guarantor 51 18 Joint and Several Liability of the Borrowers 54 Section 8 Representations, Undertakings and Events of Default 56 19 Representations 56 20 Information Undertakings 63 21 Financial Covenants 66 22 General Undertakings 67 23 Insurance Undertakings 75 24 Ship
Okeanis Eco Tankers Corp. – New Loan AgreementLoan Agreement • June 17th, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
ATHENS, GREECE, June 17, 2025 – Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has entered into a new $65.0 million secured term loan facility, to finance the previously announced declaration of its option to purchase back the Nissos Kea from its current sale and leaseback financier. The term loan facility is provided by a syndicate of banks, led and arranged by E.SUN Commercial Bank, Ltd. It contains an interest rate of Term SOFR plus 135 basis points, matures in seven years, and will be repaid in quarterly installments of $0.9 million, together with a balloon installment of $39.8 million at maturity. It will be secured by, among other things, a mortgage over the Nissos Kea, and it will be guaranteed by the Company. The term loan facility includes standard covenants. The transaction is expected to close in June 2025.
ETS SERVICES AGREEMENTEts Services Agreement • April 30th, 2024 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Okeanis Eco Tankers Corp. – Agreements to acquire vessels and contemplated USD 100 million offering of new common sharesAcquisition Agreement • November 18th, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Application Agreement (Offering 18 November 2025) Fearnley Securities AS Clarksons Securities ASApplication Agreement • November 20th, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
General Information: Okeanis Eco Tankers Corp., a corporation incorporated under the laws of the Republic of Marshall Islands (registration number 96382, LEI code 213800U35RCYXTKVEM65) (the “Company” or the “Issuer”), with shares that are primarily listed on the New York Stock Exchange under the trading symbol “ECO” and registered under SEDOL BLR8SN2, and secondary listed on Euronext Oslo Børs under the trading symbol “OET” and registered under ISIN MHY641771016, intends to offer new common shares in the Company, each with a par value of USD 0.001 (the “Offer Shares”) to raise gross proceeds of approximately USD 100 million (the “Offering”).
Dated 19 December 2025 Up to US$45,000,000 TERM LOAN FACILITY OMEGA FOURTEEN MARINE CORP. as Borrower and OKEANIS ECO TANKERS CORP. as Corporate Guarantor and NATIONAL BANK OF GREECE S.A. as Original Lender FACILITY AGREEMENT relating to the financing...Term Loan Facility • March 20th, 2026 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 28 2 The Facility 28 3 Purpose 28 4 Conditions of Utilisation 29 Section 3 Utilisation 31 5 Utilisation 31 Section 4 Repayment, Prepayment and Cancellation 33 6 Repayment 33 7 Prepayment and Cancellation 33 Section 5 Costs of Utilisation 35 8 Rate Switch 35 9 Interest 36 10 Interest Periods 38 11 Changes to the Calculation of Interest 39 12 Fees 41 Section 6 Additional Payment Obligations 42 13 Tax Gross Up and Indemnities 42 14 Increased Costs 45 15 Other Indemnities 47 16 Costs and Expenses 49 Section 7 Guarantee 51 17 Guarantee and Indemnity 51 Section 8 Representations, Undertakings and Events of Default 54 18 Representations 54 19 Information Undertakings 62 20 Financial Covenants 65 21 General Undertakings 66 22 Insurance Undertakings 73 23 Ship Undertakings 78 24 Security Cover 87 25 Accounts and application of Earnings and Hedge Receipts 88 26 Events of Default 89 Sectio
Dated 1st November 2023 OET CHARTERING INC. - and - kyklades maritime corporation SHARED SERVICES AGREEMENT INDEXShared Services Agreement • November 2nd, 2023 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Dated 21 May 2024 NELLMARE MARINE LTD as Borrower and OKEANIS ECO TANKERS CORP. as Guarantor and NATIONAL BANK OF GREECE S.A. as Original Lender SUPPLEMENTAL AGREEMENT relating to a Facility Agreement originally dated 23 May 2022 in respect of a loan...Supplemental Agreement • March 31st, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Clause Page 1 Definitions and Interpretation 2 2 Agreement of the Parties 2 3 Conditions 3 4 Representations 3 5 Amendments to Facility Agreement and other Finance Documents 3 6 Further Assurance 5 7 Costs and Expenses 5 8 Notices 5 9 Counterparts 5 10 Governing Law 5 11 Enforcement 6 Schedules Schedule 1 Conditions Precedent 7 Execution Execution Pages 8
Dated 17 June 2025 US$65,000,000 TERM LOAN FACILITY ARK MARINE S.A. as Borrower and OKEANIS ECO TANKERS CORP. as Guarantor and as Arranger and as Facility Agent and as Security Agent FACILITY AGREEMENT relating to the refinancing of certain existing...Facility Agreement • March 20th, 2026 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 30 2 The Facility 30 3 Purpose 31 4 Conditions of Utilisation 31 Section 3 Utilisation 33 5 Utilisation 33 Section 4 Repayment, Prepayment and Cancellation 35 6 Repayment 35 7 Prepayment and Cancellation 36 Section 5 Costs of Utilisation 41 8 Interest 41 9 Interest Periods 44 10 Changes to the Calculation of Interest 45 11 Fees 47 Section 6 Additional Payment Obligations 48 12 Tax Gross Up and Indemnities 48 13 Increased Costs 52 14 Other Indemnities 54 15 Mitigation by the Finance Parties 57 16 Costs and Expenses 57 Section 7 Guarantees 59 17 Guarantee and Indemnity 59 18 Intentionally left blank 61 Section 8 Representations, Undertakings and Events of Default 62 19 Representations 62 20 Information Undertakings 69 21 Financial Covenants 74 22 General Undertakings 75 23 Insurance Undertakings 82 24 Ship Undertakings 88 25 Security Cover 97 26 Accounts, application of Earnings a
CREDIT FACILITY AGREEMENTCredit Facility Agreement • November 2nd, 2023 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Okeanis Eco Tankers Corp. – Agreements to acquire vessels and contemplated USD 115 million offering of new common sharesAcquisition Agreement • January 20th, 2026 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Application Agreement (Offering 20 January 2026) Fearnley Securities AS Clarksons Securities AS Pareto Securities ASApplication Agreement • January 22nd, 2026 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
General Information: Okeanis Eco Tankers Corp., a corporation incorporated under the laws of the Republic of Marshall Islands (registration number 96382, LEI code 213800U35RCYXTKVEM65) (the “Company” or the "Issuer"), with shares that are primarily listed on the New York Stock Exchange under the trading symbol “ECO” and registered under SEDOL BLR8SN2, and secondary listed on Euronext Oslo Børs under the trading symbol “OET” and registered under ISIN MHY641771016, intends to offer new common shares in the Company, each with a par value of USD 0.001 (the “Offer Shares”) to raise gross proceeds of approximately USD 115 million (the “Offering”).