C3is Inc. Buys Tanker for $16.88M
Ticker: CISS · Form: 6-K · Filed: Dec 19, 2025 · CIK: 1951067
Sentiment: neutral
Topics: acquisition, shipping, vessel
TL;DR
C3is Inc. is buying a tanker for $16.88M from a Vafias family affiliate.
AI Summary
C3is Inc. announced on December 19, 2025, that it has entered into a Vessel Acquisition Agreement to purchase a 2008-built product tanker with a 50,000 dwt capacity for $16.88 million. The seller is an entity affiliated with Brave Maritime Corp Inc., which is connected to the Vafias family. The transaction received approval from the Company's independent directors.
Why It Matters
This acquisition expands C3is Inc.'s fleet, potentially increasing its revenue-generating capacity in the maritime transportation sector.
Risk Assessment
Risk Level: medium — The acquisition involves a significant capital outlay and depends on the successful integration and operation of the new vessel.
Key Numbers
- $16.88M — Vessel Purchase Price (Cost of the acquired product tanker)
- 50,000 dwt — Tanker Capacity (Size of the acquired vessel)
- 2008 — Vessel Year Built (Age of the acquired tanker)
Key Players & Entities
- C3is Inc. (company) — Acquiring company
- Brave Maritime Corp Inc. (company) — Affiliated seller
- Vafias family (person) — Affiliated with seller
- $16.88 million (dollar_amount) — Purchase price of tanker
- December 19, 2025 (date) — Announcement date
FAQ
What type of vessel is C3is Inc. acquiring?
C3is Inc. is acquiring a product tanker.
What is the purchase price for the vessel?
The purchase price is $16.88 million.
Who is the seller affiliated with?
The seller is an entity affiliated with Brave Maritime Corp Inc., which is affiliated with members of the Vafias family.
When was the vessel built?
The vessel was built in 2008.
Did the company's independent directors approve the transaction?
Yes, the independent directors of C3is Inc. approved the transaction.
Filing Stats: 374 words · 1 min read · ~1 pages · Grade level 12.3 · Accepted 2025-12-19 16:05:29
Key Financial Figures
- $16.88 m — 00 dwt capacity for a purchase price of $16.88 million, from an entity affiliated with B
Filing Documents
- d87090d6k.htm (6-K) — 9KB
- 0001193125-25-326806.txt ( ) — 10KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: December 19, 2025 C3IS INC. By: /s/ Nina Pyndiah Name: Nina Pyndiah Title: Chief Financial Officer