Vafias’ Imperial Petroleum announces net asset value as fleet swells to 24 ships

Greek Harry N. Vafias led-Imperial Petroleum’s net asset value has reportedly jumped to $691.1m as its fleet continues to expand.

The Nasdaq-listed owner has recently taken delivery of three additional vessels, for which it had previously announced acquisition agreements.

The 2012-built drybulk carrier Eco Cathar and the 2010-built product tanker Clean Raider were delivered to the company in late September 2026. The drybulk carrier Eco Nemesis (2015-built) was also delivered to the company in early October 2026.

With these deliveries, Imperial Petroleum has a total of 24 vessels on the water.

Imperial Petroleum’s net asset value

The company said the estimated net asset value is based on estimates of the market value of the vessels in the