Imperial Petroleum Inc.
Ticker(s):
IMPP and IMPPP
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Business Overview
Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers. As of April 1, 2024, the company owned and operated a fleet of six medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and two handysize drybulk carriers with a total capacity of 791,000 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.
Contact & Other Information
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Imperial Petroleum Inc. announced its Q4 and full year 2024 financial results, reporting a net income of $3.9 million for Q4 and $50.2 million for the year, along with fleet expansion updates.