C3is secures charter for Aframax tanker, adds product tanker

ATHENS - Voyage charter contract for its Aframax tanker, the Afrapearl II, has been secured by C3is Inc. (NASDAQ:CISS), a press release stated. The rate for the charter is $175,000 per day over a 25-day round voyage. The Afrapearl II is an oil tanker built in 2010 with a deadweight tonnage of 115,804. In addition, C3is delivered its second MR product tanker in the third quarter of 2026, increasing its total fleet capacity to 311,431 deadweight tons.

The company's net asset value per share, fully diluted, stands at $11.73, based on assumptions and estimates subject to uncertainty and change. C3is owns a fleet of six vessels, including three Handysize dry bulk carriers with a total capacity of 97,664 deadweight tons, an Aframax oil tanker with a capacity of 115,804 deadweight tons, and two product tankers with a combined capacity of 97,963 deadweight tons.

The company specializes in seaborne transportation services for drybulk, crude oil, and petroleum products. C3is Inc.'s shares are traded on the Nasdaq Capital Market under the symbol CISS.