IMPP

Imperial Petroleum Inc. (NASDAQ:IMPP) is a Greek-based shipping company that was incorporated in 2021 and went public on December 6, 2021. The company operates in the international seaborne transportation sector, providing shipping services for oil and petroleum products globally. Since its founding, Imperial Petroleum has rapidly expanded its fleet from an initial five vessels to twelve ships by 2024, establishing itself as a growing player in the tanker and dry bulk shipping markets. The company is headquartered in Athens, Greece, and has maintained a debt-free balance sheet while accumulating substantial cash reserves through profitable operations.