C3is (CISS) Stock Soars Over 17% After Hours: What’s Driving the Surge?

C3is Inc. (NASDAQ: CISS) shares surged 17.18% to $0.62 in after-hours trading following the announcement of a new voyage charter for its Aframax tanker, Afrapearl II, at a gross charter rate of $175,000 per day for 25 days. The stock had previously closed at $0.53, down 15.51% during the regular session. C3is also reported an estimated fully diluted net asset value (NAV) of $11.73 per share and noted that its fleet capacity now stands at 311,431 DWT after taking delivery of its second MR product tanker.