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C3is Inc. reports Q3 revenue of $4.8mln, utilization of 67.7%.
ByAinvest
Tuesday, Nov 18, 2025 9:07 am ET1min read
• C3is Inc. reports Q3 2025 revenue of $4.8 million • Handysize dry bulk carriers on short-term charters, producing steady cash flows • Aframax tanker operates in spot market at $52,000 per day • Fleet utilization at 67.7% due to commercial idle days • All vessels unencumbered • Vessels operating under time charter employment had fewer idle days
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