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Imperial Petroleum to Add Four Vessels in 2026 Fleet Expansion Deal

Story Highlights
  • Imperial Petroleum agreed on December 19, 2025 to buy one product tanker and three handysize drybulk carriers from affiliates of Brave Maritime for a total of $77.91 million.
  • The independently approved deals, with delivery slated for mid-2026 and optional deferred payment, will lift Imperial Petroleum’s fleet to 26 vessels totaling about 1.55 million dwt.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imperial Petroleum to Add Four Vessels in 2026 Fleet Expansion Deal

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The latest update is out from Imperial Petroleum ( (IMPP) ).

On December 19, 2025, Imperial Petroleum Inc. announced it had entered into agreements to acquire a 2010 South Korean-built product tanker of 50,000 dwt for $20.65 million and three Japanese-built handysize drybulk carriers built in 2015 and 2016 with a total capacity of about 105,000 dwt for $57.26 million, from entities affiliated with Brave Maritime Corp Inc. The related-party transactions, linked to members of the Vafias family, were approved by the company’s independent directors after obtaining independent vessel valuations, with deliveries expected between the second and third quarters of 2026 and an option to defer payment for one year after each agreement date without interest; upon delivery, and absent further fleet changes, Imperial Petroleum’s fleet will rise to 26 vessels totaling roughly 1.55 million dwt, marking a notable expansion of its operational capacity and earnings potential in both the product tanker and drybulk segments.

The most recent analyst rating on (IMPP) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Imperial Petroleum stock, see the IMPP Stock Forecast page.

Spark’s Take on IMPP Stock

According to Spark, TipRanks’ AI Analyst, IMPP is a Outperform.

Imperial Petroleum’s overall score reflects its strong financial health and undervaluation, tempered by recent declines in revenue and free cash flow. The technical analysis indicates stable but cautious trading, while the earnings call provides optimism for future growth despite market challenges.

To see Spark’s full report on IMPP stock, click here.

More about Imperial Petroleum

Imperial Petroleum Inc., headquartered in Athens, Greece, operates in the seaborne transportation industry, focusing on product tankers and drybulk carriers. The company’s fleet strategy centers on expanding and modernizing its vessels to serve global energy and dry commodity trade routes, positioning it within the broader international shipping and maritime logistics market.

Average Trading Volume: 741,464

Technical Sentiment Signal: Hold

Current Market Cap: $178.1M

For a thorough assessment of IMPP stock, go to TipRanks’ Stock Analysis page.

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