Dec. 19 at 9:18 PM
$CISS C3is Inc. To Acquire 50,000 DWT South Korean-Built Product Tanker For
$16.88M, Expanding Fleet To 5
BENZINGA 3:17 PM ET 12/19/2025
C3is Inc. (CISS) (the "Company") has entered into an agreement to acquire a South Korean-built, in 2008, product tanker with 50,000 dwt capacity for a purchase price of
$16.88 million, from an entity affiliated with Brave Maritime Corp Inc. The transaction with Brave Maritime, which is affiliated with members of the Vafias family, was approved by the independent directors of the Company, which obtained independent valuations of the vessel and based the purchase price on the average of these valuations.
