Stainless Tankers returns to profit in Q2, posts net profit of $2.5 million; net revenue rises to $11.3 million

• Stainless Tankers returned to profit with net income of $2.5 million on net revenue of $11.3 million, versus a net loss of $0.06 million previously.
• Average pool net TCE rate climbed to $21,029/day from $16,373/day in the prior quarter; all vessels traded in the Womar pool.
• Unrestricted cash totaled $2.7 million at June 30, 2026; net outstanding loan balance stood at $35.5 million.
• Fleet market value rose to $101.8 million from $98.8 million, lifting NAV to $70.5 million, or $5.22/share.
• Board declared a 2Q26 dividend of $0.135/share, payable on or about Sept. 1; it also plans an orderly fleet realization within 18 months.

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