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0.0205607476635513 -0.0149532710280374 0.106542056074766 0.085981308411215 0.0504672897196262 -0.123364485981308 -0.11214953271028 -0.11588785046729
Stock impact report

C3is Inc. reports Revenue of $13.8 million, Net Income of $5.6 million and $0.25 earnings per diluted share for the fourth quarter of 2023, and financial and operating results for the quar...

C3is Inc. (CISS) 
Company Research Source: Yahoo! Finance
transportation services, and from the third quarter of 2023, tanker transportation services, announced today its unaudited financial and operating results for the fourth quarter and twelve months ended December 31, 2023. OPERATIONAL AND FINANCIAL HIGHLIGHTS Following the acquisition of the Aframax tanker, Afrapearl II (ex. Stealth Berana), in July 2023 the total fleet capacity increased to 179,800 dwt. Our two handysize dry bulk carriers are currently on short term fixed rate time charters with steady cash flows, while our Aframax tanker operates in the spot market where voyage charter rates for Aframax tankers are in excess of $40,000 per day. Both our handysize dry bulk carriers, and our Aframax tanker are unencumbered. Fleet operational utilization of 91.6% for the twelve months ended December 31, 2023, as our vessels were mainly under time charter employment. Voyage revenues of $28.7 million for the twelve months ended December 31, 2023, corresponding to a daily TCE of Show less Read more
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