Imperial Petroleum, Inc. (IMPP) has released an update.
Imperial Petroleum Inc., a ship-owning company specializing in petroleum product and crude oil transportation, has reported its mid-year financial condition and operational results for 2024. As of late September 2024, the company boasts a fleet of twelve vessels, including a mix of product tankers and drybulk carriers, with a total capacity of 711,000 deadweight tons, and has another tanker scheduled for delivery in early 2025. Majority of the fleet is currently employed under spot charters, with some vessels under time charter contracts expiring between September 2024 and August 2027.
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