stavros

Athens, Greece, July 17, 2023 – C3is Inc. (Nasdaq:CISS) (the “Company”) announced today that it has entered into an agreement to acquire for $43 million the M/T Stealth Berana an Aframax oil tanker, built at Samsung shipyard, South Korea in 2010, with a cargo carrying capacity of approximately 115,800 dwt, from Imperial Petroleum Inc.

Payment of 10% of the purchase price has been effected, with the remaining balance due within one year following the vessel’s delivery which took place on the 14^th of July . The vessel is currently trading in the spot market.

The transaction with Imperial Petroleum Inc., which is an affiliated company, was approved by the Company’s audit committee comprising of independent directors.  (more…)

ATHENS, Greece, June 30, 2023 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing drybulk seaborne transportation services, announced today that it has entered into a securities purchase agreement with a single institutional investor to purchase 4,765,000 units at a price of $1.05 per unit containing a common share Read more…

Athens, Greece, June 23, 2023 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing drybulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2023. These financial results were prepared on a carve-out basis from the financial statements of Imperial Petroleum Read more…

Athens, Greece, June 21, 2023 –C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing drybulk seaborne transportation services, today announced that it has completed its spin-off from Imperial Petroleum Inc., effective June 21, 2023. The Company’s shares of common stock, par value $0.01 per share, will commence trading on Thursday, Read more…

C3is Inc. Athens, Greece, June 21, 2023 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing seaborne transportation services, announced today that it will release its first quarter’s financial results for the period ended March 31, 2023 before the market opens in New York on June 23, 2023. Read more…