CAPT: CAPITAL TANKERS CORP. ANNOUNCES THE SUCCESSFUL DELIVERY OF A DUAL FUEL SUEZMAX TANKER AND NEW FINANCING ARRANGEMENTS

ATHENS, Greece, October 20, 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 and financing status.

Delivery of Dual Fuel Suezmax Tanker M/T Amor

Today the Company took delivery of the M/T Amor (155,348 DWT, Dual Fuel LNG
capable, scrubber-fitted, New Times Shipbuilding Co., Ltd., China). This
delivery brings the Company's sailing fleet to 17 tankers comprising a total
of one VLCC, eight Suezmax, four Aframax and four LR2 tankers. An additional
ten vessels are expected to be delivered through 2027 and another six by
mid-2028, resulting in a fully delivered fleet of 33 tankers.

The M/T Amor was partly financed with a sale and leaseback arrangement of
$64.5 million, repayable in 28 quarterly instalments of $0.9 million, and a
balloon of $40.0 million, due together with the last instalment in October
2033.

New Financing Arrangements

The Company has continued to make progress on the financing of its fleet under
construction.

On September 29, 2026, the Company entered into a new financing arrangement
for three VLCC tankers, namely the M/T Alterego II, the M/T Alexandros II and
the M/T Apollonas II (all 320,000 DWT, Dual Fuel LNG ready, scrubber-fitted,
expected delivery in 2027, Hanwha Ocean Co., Ltd., South Korea). The expected
financing amount is $81.3 million for each of the M/T Alterego II and the M/T
Alexandros II, and $79.2 million for the M/T Apollonas II, repayable in 20
equal quarterly instalments of $1.0 million, together with a balloon of $60.9
million for each of the M/T Alterego II and the M/T Alexandros II, and $59.4
million for the M/T Apollonas II, due with the last instalment.

On October 9, 2026, the Company entered into a new financing arrangement for
three VLCC tankers, namely the M/T Amfitrion II, the M/T Alexander the Great
II and the M/T Anemos II (all 307,000 DWT, Dual Fuel LNG capable, expected
delivery in 2027, Dalian Shipbuilding Industry Co., Ltd. ("DSIC"), China). The
expected financing amount is $90.9 million for each of the M/T Amfitrion II
and the M/T Alexander the Great II, and $89.6 million for the M/T Anemos II.
Each financing is repayable in 40 quarterly instalments of $1.1 million, with
a balloon of $45.5 million for each of the M/T Amfitrion II and the M/T
Alexander the Great II, and $44.8 million for the M/T Anemos II, due together
with the last instalment.

On October 10, 2026, the Company entered into a new financing arrangement for
two VLCC tankers, namely the M/T Akadimos and the M/T Amyntas II (both 307,000
DWT, Dual Fuel LNG capable, expected delivery in 2027 and 2028, respectively,
DSIC, China). The expected financing amount is $89.6 million per vessel,
repayable in 40 quarterly instalments of $1.1 million, and a $44.8 million
balloon payment due together with the last quarterly instalment.

Finally, on October 12, 2026, the Company entered into a new financing
arrangement of $79.3 million for each of three VLCC tankers, namely the M/T
Aspidoforos, the M/T Armonikos and the M/T Aftarkis (all 306,000 DWT,
scrubber-fitted, expected delivery in 2027, Hengli Shipbuilding (Dalian) Co.,
Ltd., China). Each financing is repayable in 40 quarterly instalments of $1.0
million, together with a balloon of $39.7 million due with the last
instalment.

About Capital Tankers Corp.
Capital Tankers Corp. (Euronext Growth Oslo: CAPT) is a Marshall
Islands-incorporated owner of modern crude and product tankers trading its
vessels predominantly in the spot and short-term charter markets. The Company
owns a fleet of 33 latest generation eco vessels --- 15 VLCCs, 10 Suezmax and
eight Aframax/LR2 tankers --- comprising 17 sailing vessels and 16
newbuildings scheduled for delivery between 2027 and 2028, with options for 13
additional crude tankers. 23 of the 33 vessels are dual-fuel LNG ready or
capable, providing the Company with significant potential fuel and regulatory
cost advantages. For further information please visit
https://www.capitaltankers.com/.

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 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.
tes expressly disclaim any obligation or\
undertaking to update\, review or revise any statement contained in this\
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