Aline Anliker
Head of Corporate Communications

Good morning, good afternoon, good evening, everyone and thank you for joining us today. My name is Aline Anliker and I'm the Head of Corporate Communications at BW LPG.

On behalf of the management team, I'd like to extend a warm welcome to all of our shareholders investors, analysts and valued stakeholders joining us for our quarterly earnings presentation. We appreciate you taking the time to be with us and for your continued interest and confidence in our company. Joining me today are our CEO, Kristian Sorensen; and our CFO,Samantha Xu, who will walk you through the quarter's performance, key market developments and our strategic priorities moving forward.

Following the presentation, we will open the floor for a Q&A session. You are welcome to submit questions throughout the Q&A chat, throughout the presentation or alternatively, raise your hand to ask your question directly during the Q&A part.

Before we begin, I would like to draw your attention to the legal disclaimers shown on the current slide. Please also note that today's presentation is being recorded. And with that, and with that it is my pleasure to hand over to our CEO, Kristian.

Kristian Sørensen
CEO & Interim Head of Commercial

Thanks, Aline. Hi, everyone. Thanks for dialing in as we review our first quarter financial results and recent developments including our announced new buildings and the Middle East situation, which is still overshadowing the markets.

Let's turn to Slide 4, please. The first quarter was another one with