Good morning, everyone, and welcome to Ocean Yield's fourth quarter earnings presentation. As usual, I will start today's presentation with the highlights of the quarter and go through the changes to the portfolio. Then, our CFO, Eirik Eide, will walk us through the financials and the financing activity of the quarter. The presentation will be concluded with opening up for questions. If you would like to ask a question, please use the Q&A function. Starting off on page two, 2024 has been an active year for Ocean Yield, and we are pleased to report a fourth quarter with strong and stable performance. We report an EBITDA adjusted for finance lease effects of $86.5 million and a net profit of $25.8 million. This brings the 2024 full year figures to $374.7 million and $96.6 million, respectively. We ended the fourth quarter with $110 million of available liquidity and a strong equity ratio of 31.2%. At the end of the year, the EBITDA backlog was $4.2 billion, and the average remaining contract duration is 10.4 years. The transformational investment in France LNG was closed during the quarter, finally including the LNG segment into the portfolio. The infrastructure-like characteristics of LNG fit well into our strategy of investing in modern vessels with long-term stable cash flows to tier one counterparties. The Newcastle MAX new building program continues to progress according to plan and schedule, and four vessels are now delivered, with the remaining four vessels scheduled for delivery before the summer. Also, post-quarter end, the LEG gas vessel Brilliant Future was delivered and commenced her 15-year bareboat charter to Braskem. The vessel has already successfully loaded her first cargo of ethane from the Morgan's Point terminal in Houston, and the cargo will be discharged in Mexico during the first week of March. Moving on to page three, including the 12 LNG vessels, the fleet now counts 66 vessels at year-end, with an average age of 4.8 years. The EBITDA backlog at year-end was $4.2 billion, and 100% of the fleet remains employed on long-term charters. The investment in France LNG significantly increases the diversification of the backlog, with LNG and gas carriers now making up 27% of the backlog. Following the addition of three European investment-grade rated companies, we now have 17 first-class end users and charterers who all have leading positions in the seven different shipping segments where they operate. This provides both sector and client diversification and creates a solid foundation for long-term stable cash flows in the years to come. Let's move to page four for more details on changes to the portfolio. Closing of the Geogas transaction took place in December, welcoming seven vessels in operations and five additional newbuilds to the fleet. During and post-quarter end, Mineral Eide, España, Portugal, and Austria were delivered from the yard and commenced the 15-year bareboat charters to CMB Tech. After quarter end, the LEG vessel Brilliant Future was delivered and commenced her 15-year bareboat charter to Braskem. During the fourth quarter, a purchase option has been declared for Hafnia Arenaldo, and she's expected to be delivered in Q2. Post-quarter end, Nordic American Tankers have declared option for Nordic Aquarius and Cygnus, and both vessels are expected to be delivered during the third quarter. During the fourth quarter, Detroit, Barcelona, Genoa, and Livorno Express, as well as Navigator Aurora, were delivered to the new owners. With that, I would like to hand the word over to Eirik, who will take us through the financials and the financing activity of the quarter. Thank you, Andreas. As usual, let me start with taking a look at a financial snapshot of the company as of the fourth quarter. This quarter, we have recorded EBITDA of $49.7 million, and the adjusted EBITDA, where we adjust for the lease accounting effects, was $86.5 million. Net profit for the quarter was $25.8 million, and the board of directors has decided not to declare a dividend for this quarter. We had available liquidity of $110.6 million, and the equity ratio stood at 31.2%. Let us take a look at the headline figures of the income statement. Overall, we recorded total revenues of $56.1 million, which is down from $61 million in Q3. More specifically, operating lease revenue was $19.5 million compared to $21 million in Q3, and this is due to full quarter effect of the sale of the HUG Jeddah. Finance lease revenue was $29.6 million compared to $32.1 million in Q3, and the decrease here is mainly a result of the sale of the four container vessels and one gas carrier. Income from our joint ventures was in line with Q3, and that was $4.8 million. We had other income of $2.1 million, and this is mainly due to one-off gains related to sale of vessels and lease modification gains. That brings us then to an operating profit of $43.9 million compared to $49.6 million in Q3. Net financial items were negative $18.2 million in Q4 compared to $27.7 million in Q3. This is mainly driven by positive change in the foreign currency movements and offset by negative changes to the fair value of derivatives. The quarter ended with a net profit of $25.8 million in the quarter. Now, if we move on and look at the historical adjusted EBITDA and look at the historical figures for that, and this is the cash EBITDA that we actually receive under our lease agreement. This was $86.5 million in Q4 compared to $94.6 million in Q3. You can see the historical development back to 2022 on this slide. If we move on, let us take a look at the numbers for the full year 2024. For the year 2024, we had total revenues of $244 million compared to $237 million in 2023. Operating profit was $198 million, which is marginally down from the year before, and net profit $96.6 million compared to $92.5 million in 2023. Also, if we move on, looking at the adjusted EBITDA for the full year, this came in at $375 million, which is up from $341 million in 2023. As you can see from this slide, this is actually the highest adjusted EBITDA in the history of the company. If we then turn to the balance sheet, we had total assets at the end of Q4 of $2.316 billion, which is up from $2.215 billion in Q3, and this is mainly due to delivery of vessels and completion of the investment into France LNG shipping. Our recent investment into France LNG shipping is made through a combination of equity and shareholder loans. This investment is reflected both under investments in associates and under interest-bearing receivables. You will see on the balance sheet that investments in associates have increased to $316 million this quarter, up from $182 million last quarter, and interest-bearing receivables have increased to $217 million, up from $108 million last quarter. On the profit and loss statement going forward, part of this investment will be reflected under investments in associates and part of it under financial income. Of other movements to note is that long-term interest-bearing debt has increased to $1.3 billion, up from $1.1 billion in Q3, and this is due to the fact that we have taken delivery of further vessels to the fleet and also drawdowns on revolving credit facilities. Available liquidity was $111 million, and this is down from $385 million in Q3. The number for Q3 was unusually high since we were building up cash for the closing of the France LNG transaction that was completed in Q4. If we look at the book equity, it was $723 million compared to $752 million in third quarter, and the reduction here is mainly due to a dividend payment declared in the third quarter. Overall, we ended the year with an equity ratio of 31.2% compared to 34% in Q3. We move on to talk about financing initiatives, and I'm pleased to see that we are progressing well on the financing of the four LR1 new buildings, where the banks have now obtained credit approval for the long-term financing of these vessels. We are completing several transactions with two Asian-based financing institutions and one with the European and US Bank for these vessels. We expect to have these loan agreements signed within the second quarter. With that, our new building program is actually fully financed. In general, we are continuing to see strong interest from banks and also increased interest from Asian-based financing institutions, and that will further contribute to diversify our funding sources going forward. On the bond side, we repaid the remaining amount outstanding under the bond issue OCY07, which had final maturity in December, and this was $150 million. Currently, we have four outstanding bonds, which includes the hybrid bond. That concludes my part of the presentation, and I then give the word back to you, Andreas, to summarize. Thank you, Eirik. Let me summarize the quarter on page 10. 2024 was a strong year for Ocean Yield, and despite the increasing macro uncertainty, the portfolio remains solid. Lease-to-value stands at robust levels, and our counterparties are well capitalized. We continue to allocate capital in line with our capital allocation policy towards a strong and robust balance sheet, and as such, we are well positioned to further grow and diversify the portfolio. As the majority of the shipping markets are normalizing and the S&P activity remains high, we experience increasing demand for sale and leaseback transactions. Also, our ambition to continue to contribute to the decarbonization of the maritime industry remains intact. I encourage all of you to read our newly published ESG report, where we clearly underpin our ambition and commitment to become a net zero emissions company by 2050 in line with the targets set for the maritime industry. I would like to thank you all for watching the Ocean Yield Q4 earnings presentation, and I would now like to open up for questions. If you would like to ask a question, please use the Q&A function. We have received then a couple of questions, Andreas, so I'll start with the first one. We are hearing a lot of noise about potential tariffs on Chinese-built ships. Would this have any impact for a company like Ocean Yield? I think, it's a very good question, and it's a big question. Of course, we have picked up the same news, and we've read the same proposal which has been sent in for hearing, and I think it's taking a step back. It's fair to say that with more than 50% of the global fleet being built in China and probably around 65% of the order book coming out of China, this will have huge consequences also for the U.S. and for global trade in general. That said, we are a provider predominantly of Helen Highwater bareboat leases, so typically tariffs would be the responsibility of the charterers. We are monitoring this, but so far there are no indications that this will have a material impact on a business like ours. Okay, thank you. Second question we have received. In the report, you are talking about increased deal flow. In what segments do you see the most attractive opportunities? We are a multi-segment strategy when it comes to investment, which gives us the opportunity to benchmark investment opportunities across the various segments against each other. I would say at the moment, it's probably opportunities across all segments, which means tankers and bulkers, containers, and gas, where increased volatility has resulted in, I would say, increased volatility on the share price side. That combined with normalized asset values in these segments have and will continue to provide, I would say, interesting opportunities in the period ahead of us. That said, we are continuing to be selective and, as always, sort of cautious, taking the cyclicality into consideration. Good, thank you. I think that seems to be all the questions we have received, so that concludes today's quarterly presentation. Thank you all for watching.
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