tiprankstipranks
C3is Inc. Expands Fleet with New Acquisition
Company Announcements

C3is Inc. Expands Fleet with New Acquisition

C3is Inc. (CISS) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

C3is Inc., a maritime transportation service provider, has announced the purchase of the Eco Spitfire, a Handysize Bulk Carrier, from an affiliated company for $16.19 million. The Marshall Islands registered vessel, with a capacity of 33,664 dwt, is set to join C3is’s fleet, increasing the total capacity to 213,464 dwt. The acquisition strengthens C3is’s position in seaborne transportation by expanding its already diverse fleet.

For further insights into CISS stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App