May 21, 2025 / 12:00PM GMT
Operator
God morning, and thank you for standing by. My name is Carly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cool Company Limited Q1 2025 business update.
(Operator Instructions) I would now like to turn the call over to Richard Tyrrell, Chief Executive Officer. Please go ahead.
Richard Tyrrell - Cool Company Ltd - CEO
Hello, and I'd like to welcome you all to the CoolCo presentation of the first quarter 2025. Carly, thank you for the introduction. We'll begin on page 3 with CoolCo at a glance. Those who recall the last quarter's presentation will notice many of the same trends are continuing.
And while rates on our open vessels remain under pressure, we're moving steadily closer to a rebalanced market. As this process unfolds, we intend to remain patient, disciplined and focused on maximizing long-term shareholder value.
In the meantime, we're working hard to deliver full employment for our vessels at the best possible rates. We also have a dry dock program to execute, as
Q1 2025 Cool Company Ltd Earnings Call Transcript
May 21, 2025
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