C3is Inc. reports third quarter and nine months 2024 financial and operating results
C3is Inc. (CISS)
Company Research
Source: GlobeNewswire
ATHENS, Greece, Nov. 18, 2024 (GLOBE NEWSWIRE) -- 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. Revenues of $9.3 million for the three months ended S
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CISS
Sec Filings
- 12/16/24 - Form EFFECT
- 12/16/24 - Form EFFECT
- 12/16/24 - Form EFFECT
- CISS's page on the SEC website