C3is Inc.
C3is Inc. is an international shipping company primarily engaged in providing seaborne transportation services for dry bulk and crude oil cargo. Incorporated in the Marshall Islands, the company maintains its executive offices in Athens, Greece.
C3is Inc. offers its services to a diverse client base, including national and private industrial users, commodity producers, and traders. The company's fleet comprises dry bulk carriers and Aframax crude oil tankers, with recent strategic acquisitions expanding its operations to include Medium Range (MR) product tankers. These vessels transport a variety of commodities, such as iron ore, coal, grains, bauxite, phosphate, and fertilizers, as well as crude oil.
In recent news, C3is Inc. has undertaken several reverse stock splits, including a 1-for-7 split effective April 26, 2026, aimed at maintaining its listing compliance on the Nasdaq Capital Market. The company has also focused on fleet expansion and diversification, notably acquiring two MR product tankers in late 2025/early 2026, which increased its fleet by 50% to six vessels. Dr. Diamantis Andriotis serves as the Chief Executive Officer, guiding the company's strategy for sustainable growth amidst evolving market conditions.
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