C3is Inc. reports second quarter and six months 2025 financial and operating results
1. C3is Inc. reported Q2 2025 net loss of $5.3 million. 2. Daily TCE decreased by 31% compared to Q2 2024. 3. Fleet operational utilization was 78%, down from 87.7% in 2024. 4. The company is fully deleveraged, enhancing financial flexibility. 5. CEO emphasized adaptability to changing maritime industry dynamics.