Vafias spin-off C3is insulated from 'year of politics' with non-Chinese fleet

Harry Vafias-controlled bulker and tanker operation C3is is confident it can thrive in a year set to be dominated by politics.

The Nasdaq-listed company’s chief executive, Diamantis Andriotis, said shipping is currently navigating a “transitional phase”, with shifting dynamics influenced by geopolitical factors, environmental regulations, demand patterns and weather-related challenges.

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“While navigating these most volatile waters, we are closely monitoring the evolving situations and are focused on identifying those components that would maximise our future profits,” he added.