IMPPP Stock Discussion
Imperial Petroleum Inc. - 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares Description
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 March 28, 2023, the company owned and operated a fleet of five medium range refined petroleum product tankers; one Aframax tanker; two suezmax tankers; and four handysize drybulk carriers with a total capacity of 807,804 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.
Industry: Oil & Gas E&P
Keywords: Chemical Petroleum Tanker Refined Petroleum Products Fuel Oil Oil Tanker Seaborne Transportation Services Aframax Handysize Oil Producers
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