Imperial Petroleum Inc.

As of April 15, 2026, the company operates a fleet of 21 vessels. This includes seven MR refined petroleum product tankers, which transport products like gasoline, diesel, fuel oil, jet fuel, edible oils, and chemicals. The fleet also comprises two suezmax tankers, used for carrying crude oil. Additionally, the company operates 12 drybulk carriers, consisting of four handysize, five supramax, two kamsarmax, and one post panamax vessel, which transport major bulk commodities such as iron ore, coal, and grains, as well as minor bulks like bauxite, phosphate, and fertilizers. As of the same date, the company had contracts to acquire an additional four drybulk carriers and one product tanker. Upon delivery of these five contracted vessels, the total fleet will expand to 26 vessels with a combined cargo carrying capacity of approximately 1.5 million dwt. The company's fleet operational utilization was 75.1% in 2023, 78.3% in 2024, and 87.5% in 2025. Voyage revenues were $183.7 million in 2023, $147.5 million in 2024, and $161.0 million in 2025. The company's strategy involves carefully timed investments in vessels and operating them reliably, safely, and competitively through its affiliate, Stealth Maritime.