C3is (CISS)
Drybulk and tanker shipowner deploying vessels across global charter markets.
Something off on this page? Send us feedback.
Generates charter hire from globally deployed drybulk carriers and crude- and product-tankers, using time and voyage charters. Revenue and utilization turn on spot and short-charter market conditions, while an affiliated manager handles nearly all commercial, technical and administrative functions.
Owns and operates a mixed ocean-shipping fleet of Handysize drybulk carriers, an Aframax crude-oil tanker and an MR product tanker. The drybulk vessels move iron ore, coal, grain and other bulk cargoes, while the tankers carry crude oil and refined products for industrial users, commodity producers and traders, oil producers, and refineries. Ships trade globally across the Middle East–Far East route, Mediterranean, Northwest Europe, Africa, the United States and Latin America.
Earns charter hire through short time charters, trip time charters and voyage charters, balancing contracted employment with spot exposure as market conditions change. Reliability, safety and competitiveness guide operations, but utilization and revenue depend on charter rates, vessel availability and a small fleet. Commercial, technical and administrative functions are provided by affiliated manager Brave Maritime; vessel crews are supplied by Hellenic Manning Overseas.
Company facts
Categories
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $33.2M · Total debt $64.4K · Total assets $144.8M · Shareholders' equity $114.6M
- Revenue
- $24.0M
- Operating income
- $9.7M
- Net income
- $10.0M
No dividends on record.
| Institutions5 holders · as of Dec 31, 2025 | 0.07% | 187 ADS | |
| Insiders1 holder · as of Mar 18, 2026 | 0.00% | 0 ADS | |
| Otherremainder | 99.93% | 274.2K ADS |
274.4K ADS (1 ADS = 50 ordinary shares) as of Aug 26, 2026 · institutions as of Dec 31, 2025 · holders as of their latest filing
The share count is from the company's Dec 2023 annual report; nothing newer is on file here.
The share count has not been confirmed by a second filing; stakes use it as it stands.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
L1 Global Manager PTY LtdInstitution | 0.06% | 861,260 ADS | 13Fas of Dec 31, 2025 |
Wexford Capital LPInstitution | 0.01% | 112,014 ADS | 13Fas of Dec 31, 2025 |
Citadel Advisors LLCInstitution | 0.00% | 47,635 ADS | 13Fas of Dec 31, 2025 |
Sassicaia Capital Advisers LLCInstitution | 0.00% | 19,641 ADS | 13Fas of Dec 31, 2025 |
UBS Group AGInstitution | 0.00% | 6,131 ADS | 13Fas of Dec 31, 2025 |
| See all 20 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
Nothing filed in the last 12 months.
- Imperial Petroleum
Broad overlap in Handysize drybulk and MR product-tanker charters.
- Pangaea Logistics Solutions
Strong overlap in Handysize drybulk chartering and cargo logistics.
- Teekay Tankers
Direct Aframax overlap in the mid-size crude-tanker spot market.
- Ardmore Shipping
Direct overlap in MR product-tanker chartering for refined products.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| C3is | $1.36 | −3.18% | $384.2K | 0.0 | — | 0.0 | +123.9% |
| Imperial Petroleum | $5.26 | −0.89% | $199.6M | 3.4 | — | 1.0 | +98.3% |
| Pangaea Logistics Solutions | $8.39 | +0.90% | $543.6M | 11.1 | 9.7 | 0.8 | +19.4% |
| Teekay Tankers | $92.47 | +1.83% | $3.14B | 5.3 | 6.5 | 2.7 | +10.9% |
| Ardmore Shipping | $17.98 | −0.54% | $737.3M | 7.0 | 8.7 | 2.0 | +61.3% |
| Median | 6.2 | 8.7 | 1.5 | +40.4% |