Table of Contents As filed with the Securities and Exchange Commission on December 5, 2025. Registration No. 333-290011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Amendment No. 2 To Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 C3IS INC. (Exact name of registrant as specified in its charter) Republic of the Marshall Islands 4412 N/A (State or other jurisdiction of incorporation or organization) Puglisi & Associates 850 Library Avenue, Suite 204 Newark, Delaware ...

Core Viewpoint - Scorpio Tankers Inc. (NYSE:STNG) has experienced a decline in share price and a reduction in price target by analysts, influenced by geopolitical developments and market dynamics [1][3]. Group 1: Share Price Movement - The share price of Scorpio Tankers Inc. fell by 2.3% between November 26 and December 3, 2025, ranking it among the energy stocks that lost the most during that week [1]. Group 2: Analyst Insights - BofA analyst Ken Hoexter lowered the price target for Scorpio Tankers from $73 to $67 while maintaining a 'Buy' rating, citing increased prospects for a peace deal between Ukraine and Russia [3]. - The analyst firm has maintained its EPS estimate for FY 2025 at $5.7 but reduced estimates for the next two years by 14% and 16% to $6.1 and $5.1, respectively [5]. Group 3: Market Dynamics - A potential peace agreement could lead to increased Handymax and MR rates for Scorpio Tankers as access to the Russian market improves, while LR2 rates may decrease due to reduced ton-miles from the Middle East [4]. - Benchmark rates for large crude carriers have surged to a 5-year high following US sanctions on Russian oil exports, prompting buyers to seek alternative suppliers [4].

Core Points - Imperial Petroleum Inc. will release its third quarter and nine months financial and operating results for the period ended September 30, 2025, before the market opens in New York on December 11, 2025 [1] - A conference call will be hosted by the company's management on December 11, 2025, at 10:00 am ET to discuss the results and the company's operations and outlook [2] - Participants are required to pre-register for the conference call to receive dial-in numbers and a personal PIN [3] Company Overview - Imperial Petroleum Inc. is a ship-owning company that provides petroleum products, crude oil, and drybulk seaborne transportation services [5] - The company owns a total of nineteen vessels, including seven M.R. product tankers, two suezmax tankers, three handysize drybulk carriers, five supramax drybulk carriers, and two kamsarmax drybulk vessels, with a total capacity of 1,195,000 deadweight tons (dwt) [5] - The company has contracted to acquire an additional two handysize drybulk carriers and a post panamax drybulk carrier with an aggregate capacity of 164,400 dwt, which will increase the fleet to a total of 22 vessels with an aggregate capacity of 1.4 million dwt [5] - The company's shares of common stock and 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock are listed on the Nasdaq Capital Market under the symbols "IMPP" and "IMPPP," respectively [5]

Core Points - Diana Shipping Inc. has entered into a time charter contract with Glencore Freight Pte. Ltd. for its Capesize dry bulk vessel, the m/v P. S. Palios, with a gross charter rate of US$25,200 per day, expected to generate approximately US$8.34 million in gross revenue for the minimum charter period [1][2] Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4] - The company's fleet consists of 36 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax, with a combined carrying capacity of approximately 4.1 million dwt and a weighted average age of 12.03 years [3] Future Developments - The company expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [3]

Core Insights - Toro Corp. reported its financial results for the third quarter and nine months ended September 30, 2025, highlighting a stable performance despite some declines in revenue and net income compared to the previous year [1][2]. Financial Performance - Third Quarter - Total vessel revenues from continuing operations increased to $5.4 million, a 1.9% increase from $5.3 million in the same period of 2024 [5][6]. - Net income from continuing operations rose to $1.3 million, reflecting a 30% increase from $1.0 million in the third quarter of 2024 [5][6]. - EBITDA from continuing operations was $1.6 million, compared to a loss of $0.1 million in the same period last year [5][6]. - The average Daily TCE Rate improved to $13,363 from $11,426 in the same period of 2024 [6][41]. Financial Performance - Nine Months - Total vessel revenues from continuing operations decreased to $15.0 million, a 12.8% decline from $17.2 million for the nine months ended September 30, 2024 [5][28]. - Net income from continuing operations was $4.2 million, down 6.7% from $4.5 million in the same period last year [5][28]. - Net income overall dropped significantly to $4.3 million, an 82.2% decrease from $24.2 million for the nine months ended September 30, 2024 [5][28]. - EBITDA for the nine months was $3.8 million, up from $1.7 million in the same period of 2024 [5][28]. Operational Developments - The company acquired two MR tanker vessels and sold two LPG carriers during the third quarter, indicating ongoing fleet management activities [4]. - The spin-off of the Handysize tanker segment to Robin Energy Ltd. was completed on April 14, 2025 [5]. Cash Flow and Liquidity - Cash position decreased by $12.1 million to $25.1 million as of September 30, 2025, primarily due to net operating cash flows used in continuing operations and financing activities [15][38]. - The company made a capital contribution of $10.4 million to Robin in connection with the spin-off [15]. Recent Business Developments - On October 15, 2025, Toro received dividends from Castor and Robin, amounting to $1.25 million and $0.125 million, respectively [16]. - An "at-the-market" offering agreement was established on November 13, 2025, allowing the company to sell common shares valued up to $12.5 million for various corporate purposes [18].

Core Insights - In November, the Yangtze River section in Yangzhou achieved a record monthly throughput of over 70,000 TEUs, marking a historical milestone for the region [1] - The Yangzhou Maritime Bureau has implemented various measures to enhance safety and pollution management, contributing to the high-quality development of the port and shipping economy [1] Group 1: Measures and Initiatives - The Yangzhou Maritime Bureau actively visited container transport enterprises to optimize shipping routes and vessel scheduling, improving operational efficiency [1] - The bureau ensured the stability of the "Yangzhou-Shanghai domestic trade daily service" while also facilitating the opening of new shipping routes [1] - The first battery-powered vessel charging and swapping station in the Yangtze River section was officially put into operation, enhancing the convenience of electric container transport [1] Group 2: Safety and Monitoring - The bureau utilized "smart maritime" advantages, employing integrated port and shipping information systems, CCTV, and drones to ensure safe vessel operations [1] - Continuous monitoring of meteorological and sea conditions was conducted, with timely risk warnings issued to remind vessels to implement safety precautions [1] - Inspections of dangerous goods and critical equipment on large incoming vessels were strengthened to ensure safety before departure [1] Group 3: Future Goals - The Yangzhou Maritime Bureau aims to contribute to achieving the goal of "one million TEUs" throughput in the Yangtze River section and support the robust development of local port-related industries [2]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Global Ship Lease (GSL) - GSL currently holds a Momentum Style Score of B, indicating a positive outlook based on price changes and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, GSL shares increased by 4.68%, outperforming the Zacks Transportation - Shipping industry, which rose by 0.88% [5] - In a longer timeframe, GSL's monthly price change is 13.39%, significantly higher than the industry's 2.92% [5] - Over the last quarter, GSL shares have risen by 15.31%, and over the past year, they have increased by 60.64%, while the S&P 500 only moved 6.55% and 14.51% respectively [6] Trading Volume - GSL's average 20-day trading volume is 450,846 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for GSL has increased, raising the consensus estimate from $9.97 to $10.25 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Given the positive performance metrics and earnings outlook, GSL is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] Investment Focus - The company has diversified its investments across various sectors including banking, telecommunications, logistics, and hotels, indicating a strategic approach to portfolio management [1] - The entry into the US market in 2020 reflects a growing interest in international investment opportunities, particularly in sectors like banks, hotels, and logistics [1] Market Trends - The popularity of insurance companies in the Philippines since 2014 suggests a shift in investment preferences among local investors, moving towards more diversified financial products [1] - The trend of using platforms like Seeking Alpha for analysis indicates a growing reliance on data-driven insights for investment decisions in both the ASEAN and US markets [1]

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] - The popularity of insurance companies in the Philippines since 2014 indicates a shift in investment strategies among local investors, moving towards a more diversified portfolio [1] - The entry into the US market in 2020 reflects a growing interest in international investments, particularly in sectors such as banking, hotels, and logistics [1] Investment Strategies - Initial investments were focused on blue-chip companies, showcasing a common strategy among investors to seek stability and reliability [1] - The diversification into various industries and market cap sizes demonstrates a strategic approach to risk management and potential returns [1] - The use of platforms like Seeking Alpha for analysis indicates a trend towards utilizing external resources for informed investment decisions [1] Market Trends - The logistics and shipping industries are highlighted as key areas of investment, suggesting their importance in the current economic landscape [1] - The increasing engagement in the US market by investors from the Philippines points to a broader trend of globalization in investment practices [1] - The focus on banking and telco sectors in both ASEAN and US markets indicates their critical role in the overall economic framework [1]

Core Viewpoint - Rubico Inc. has entered into a letter of intent for the potential acquisition of a newbuilding mega yacht, the M/Y Sanlorenzo 1150Exp, with expected delivery in Q2 2027 [1][2] Company Overview - Rubico Inc. is a global provider of shipping transportation services, specializing in vessel ownership [3] - The company operates two modern, fuel-efficient, eco-friendly Suezmax tankers with a deadweight tonnage of 157,000 [3] - Rubico is incorporated in the Republic of the Marshall Islands and has its executive offices in Athens, Greece [3] - The company's common shares are traded on the Nasdaq Capital Market under the symbol "RUBI" [3] Acquisition Details - The company will make an advance cash payment of $4.0 million, which will be credited against the acquisition price or refunded if the purchase does not proceed [2] - The exclusivity period under the letter of intent will expire on March 31, 2026, during which the company will conduct due diligence and evaluate market conditions [2] - A special independent committee of the company's board will negotiate and approve any potential acquisition related to the letter of intent [2]