C3is Inc. Agrees to Acquire 2011 Product Tanker for $22.9 Million

Reuters01-21 05:51

<a href="https://laohu8.com/S/CISS">C3is</a> Inc. Agrees to Acquire 2011 Product Tanker for $22.9 Million

C3is Inc. has entered into an agreement to acquire a 2011 South Korean-built product tanker with a capacity of 47,203 deadweight tons for $22.9 million from an entity affiliated with Brave Maritime Corp Inc. The purchase price was determined using independent valuations, and the transaction was approved by the company's independent directors. Delivery of the vessel is expected between the first and second quarters of 2026, with the option for C3is Inc. to pay for the vessel one year after the agreement date without interest. Following this acquisition and a previously announced product tanker purchase, the company's fleet will consist of six vessels with a total capacity of 310,667 deadweight tons.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. C3is Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-016737), on January 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Agrees to Acquire 2011 Product Tanker for $22.9 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        C3is Inc. has entered into an agreement to acquire a 2011 South Korean-built product tanker with a capacity of 47,203 deadweight tons for $22.9 million from an entity affiliated with Brave Maritime Corp Inc. The purchase price was determined using independent valuations, and the transaction was approved by the company's independent directors. Delivery of the vessel is expected between the first and second quarters of 2026, with the option for C3is Inc. to pay for the vessel one year after the agreement date without interest. 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ID: 0001193125-26-016737), on January 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CISS","symbol_name":"C3is","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260120:nNDLSBHqw:1","article_id":"2605144344","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605144344","pubTimestamp":1768945917,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"C3is Inc. has entered into an agreement to acquire a 2011 South Korean-built product tanker with a capacity of 47,203 deadweight tons for $22.9 million from an entity affiliated with Brave Maritime Corp Inc. 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