Capital Tankers Corp. Announces the Delivery of Two Suezmax Tankers and One Aframax Tanker and Drawdown under Two Loan Facilities

13 Mar 2026 22:00 CET

ATHENS, Greece, March 13, 2026 – Capital Tankers Corp. (the “Company”, “CAPT,”
“we” or “us”), an international shipping company focused on crude oil
transportation, today provided an update on its fleet.

Pursuant to memoranda of agreement (“MoA”) entered into on February 16, 2026
with Capital Maritime & Trading Corp., the Company took delivery on March 5,
2026 of the M/T Argeus I (155,352 DWT, scrubber fitted, super-eco built 2025,
New Times SB) and on March 9, 2026 of the M/T Alexander (113,170 DWT, eco
vessel, built 2018, Hyundai Samho Industries Co. Ltd, South Korea).

In addition, under an MoA with a third-party dated January 15, 2026, CAPT took
delivery on March 5, 2026 of the newbuilding M/T Archigos (156,727 DWT,
scrubber-fitted, super-eco vessel, built 2026, Hyundai Samho Industries Co. Ltd,
South Korea). The vessel acquisition was partly financed with a new senior
secured facility of $62.0 million, repayable in 20 equal quarterly instalments
of $0.9 million and a balloon of $45.0 million due with the final quarterly
instalment in February 2031.

Last, on March 12, 2026, the Company drew $75.0 million on the back of a new
senior secured facility to finance the M/T Aristotelis II (306,113 DWT,
scrubber-fitted, super-eco vessel, built 2026, Hengli Shipbuilding (Dalian) Co.
Ltd, China). The facility is repayable in 32 equal quarterly instalments of $1.1
million and a balloon of $39.8 million due with the final quarterly instalment
in March 2034.

The Company is pleased to have welcomed these three tanker vessels to its
sailing fleet ahead of schedule, thereby expanding its operating footprint
quickly and reliably with the latest technology super-eco vessels.

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About Capital Tankers Corp.

Capital Tankers Corp. (Euronext Growth Oslo: CAPT) is a Marshall
Islands-incorporated owner of modern crude and product tankers primarily trading
its vessels in the spot market. The Company owns a fleet of 30 super-eco vessels
— 12 VLCCs, 10 Suezmaxes, and 8 Aframax/LR2s — comprising 9 sailing vessels and
21 newbuilds scheduled for delivery between 2026 and 2028, with options for 13
additional crude tankers. Eighteen of the 30 vessels have dual-fuel LNG
capabilities, providing the Company with significant potential fuel and
regulatory cost advantages.

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Contact Details

Brian Gallagher
Investor Relations Director & Business Development
Tel. +44 (770) 368 4996
E-mail: b.gallagher@capitalmaritime.com

Forward-Looking Statements
This communication contains certain forward-looking statements concerning future
events. Forward-looking statements are statements that are not historical facts
and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions, but the absence of these words does not necessarily mean
that a statement is not forward-looking. Forward-looking statements are subject
to known and unknown risks and uncertainties and are based on potentially
inaccurate assumptions that could cause actual results to differ materially from
those expected or implied by the forward-looking statements. The forward-looking
statements in this communication are based upon various assumptions, many of
which are based, in turn, upon further assumptions. The Company believes that
these assumptions were reasonable when made. However, these assumptions are
inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or impossible to
predict and are beyond its control. Such risks, uncertainties, contingencies and
other important factors include, but are not limited to, the possibility that
the Company will determine not to, or be unable to, issue any equity securities
or list its securities on a particular stock market, and could cause actual
events to differ materially from the expectations expressed or implied in this
release by such forward-looking statements. The Company does not make any
guarantee that the assumptions underlying the forward-looking statements in this
announcement are free from errors. Accordingly, you should not unduly rely on
these forward-looking statements, which speak only as of the date of this
communication.

The information, opinions and forward-looking statements contained in this
communication speak only as at its date and are subject to change without
notice. The Company and its affiliates expressly disclaim any obligation or
undertaking to update, review or revise any statement contained in this
communication whether as a result of new information, future developments or
otherwise.

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