Press releases

Athens, Greece, May 15, 2025 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025.

OPERATIONAL AND FINANCIAL HIGHLIGHTS

• Our handysize dry bulk carriers are on time charters of short-term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $46,000 per day.
• All of our vessels are unencumbered.
• Fleet operational utilization of 91.7% for the three months ended March 31, 2025, mainly due to the commercial idle days of the Aframax tanker operating in the spot market. Vessels operating under time charter employment had minimal idle days.

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Athens, Greece, May 12, 2025 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing seaborne transportation services, announced today that it will release its first quarter financial results for the period ended March 31, 2025 before the market opens in New York on May 15, 2025.

On May 15, 2025 at 10:00 am ET, the company’s management will host a conference call to present the results and the company’s operations and outlook.

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  To be effective April 4, 2025 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq ATHENS, GREECE – April 2, 2025 – C3IS INC. (the “Company”) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-six (1-for-6) reverse stock split of Read more…

Athens, Greece, March 11, 2025 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2024.

OPERATIONAL AND FINANCIAL HIGHLIGHTS

• Our handysize dry bulk carriers are on time charters of short-term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $43,000 per day.
• All of our vessels are unencumbered.
• Fleet operational utilization of 90.2% for the three months ended December 31, 2024, mainly due to the commercial idle days of the vessel that operated in the spot market, as our vessels that operated under time charter employment had few commercial idle days.

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Athens, Greece, March 7, 2025 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing seaborne transportation services, announced today that it will release its fourth quarter and full year financial results for the period ended December 31, 2024 after the market opens in New York on March 11, 2025.

On March 11, 2025 at 10:00 am ET, the company’s management will host a conference call to present the results and the company’s operations and outlook.

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To be effective January 2, 2025 Aiming to meet the minimum bid price requirement for maintaining listing on Nasdaq ATHENS, GREECE – December 30, 2024 – C3IS INC. (the “Company”) (Nasdaq: CISS) today announced that its board of directors has determined to effect a one-for-two-and-a-half (1-for-2.5) reverse stock split of the Read more…

Athens, Greece, November 18, 2024 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2024.

OPERATIONAL AND FINANCIAL HIGHLIGHTS

• Our handysize dry bulk carriers are on time charters of short term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $48,000 per day.
• All our handysize dry bulk carriers and our Aframax tanker are unencumbered.
• Fleet operational utilization of 90.2% for the three months ended September 30, 2024, mainly due to the commercial idle days of the vessel that operated in the spot market, as our vessels that operated under time charter employment had few commercial idle days.

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Athens, Greece, November 12, 2024 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing seaborne transportation services, announced today that it will release its third quarter financial results for the period ended September 30, 2024 before the market opens in New York on November 18, 2024.

On November 18, 2024 at 11:00 am ET, the company’s management will host a conference call to present the results and the company’s operations and outlook.

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OPERATIONAL AND FINANCIAL HIGHLIGHTS

• Our handysize dry bulk carriers are on time charters of short term durations, producing steady cash flows, while our Aframax tanker operates in the spot market where voyage charter rates for Aframax tankers are currently around $27,000 per day.
• All our handysize dry bulk carriers and our Aframax tanker are unencumbered.
• Fleet operational utilization of 87.7% for the three months ended June 30, 2024, mainly due to the commercial idle days of the vessel that operated in the spot market, as our vessels that operated under time charter employment had few commercial idle days.

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Athens, Greece, August 19, 2024 – C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing seaborne transportation services, announced today that it will release its second quarter financial results for the period ended June 30, 2024 before the market opens in New York on August 22^nd, 2024.

On August 22^nd, 2024, at 11:00 am ET, the company’s management will host a conference call to present the results and the company’s operations and outlook. (more…)