Icon Energy Corp. Announces the Delivery of M/V Charlie
Icon Energy Corp. (Nasdaq: ICON), a global shipping company, has announced the successful delivery of the M/V Charlie, a 2020-built, scrubber-fitted, eco Ultramax dry bulk carrier. The vessel was delivered on June 21, 2025, following a previously announced bareboat charter-in agreement from March 2025.
The vessel has been immediately time chartered-out to a dry bulk operator for 9-12 months at a floating daily rate linked to the Baltic Supramax Index. Icon will receive additional revenue from fuel cost savings through the vessel's scrubber system. CEO Ismini Panagiotidi expressed the company's commitment to further fleet expansion through strategic acquisitions.
Icon Energy Corp. (Nasdaq: ICON), una compagnia di navigazione globale, ha annunciato la consegna con successo della M/V Charlie, una nave Ultramax secca costruita nel 2020 e dotata di scrubber ecologico. La nave è stata consegnata il 21 giugno 2025, in seguito a un accordo di noleggio a nolo secco bareboat annunciato a marzo 2025.
La nave è stata immediatamente noleggiata a tempo a un operatore di navi secche per un periodo di 9-12 mesi a una tariffa giornaliera variabile legata all'indice Baltic Supramax. Icon riceverà ulteriori ricavi grazie al risparmio sui costi del carburante derivante dal sistema scrubber della nave. La CEO Ismini Panagiotidi ha espresso l'impegno dell'azienda a espandere ulteriormente la flotta attraverso acquisizioni strategiche.
Icon Energy Corp. (Nasdaq: ICON), una compañía naviera global, ha anunciado la exitosa entrega del M/V Charlie, un buque Ultramax de carga seca construido en 2020 y equipado con un sistema de depuración ecológico. El buque fue entregado el 21 de junio de 2025, tras un acuerdo de fletamento bareboat anunciado en marzo de 2025.
El buque fue fletado inmediatamente a tiempo a un operador de carga seca por un periodo de 9-12 meses a una tarifa diaria variable vinculada al Baltic Supramax Index. Icon recibirá ingresos adicionales por el ahorro en combustible gracias al sistema de depuración del buque. La CEO Ismini Panagiotidi expresó el compromiso de la empresa para expandir aún más la flota mediante adquisiciones estratégicas.
Icon Energy Corp. (Nasdaq: ICON)는 글로벌 해운 회사로서, 2020년에 건조되고 스크러버가 장착된 친환경 울트라마스 건화물선 M/V Charlie의 성공적인 인도를 발표했습니다. 이 선박은 2025년 3월에 발표된 베어보트 용선 계약에 따라 2025년 6월 21일에 인도되었습니다.
선박은 즉시 건화물 운송업체에 9~12개월 기간 동안 시간 용선되었으며, 요율은 발틱 수프라마스 지수에 연동된 변동 일일 요율입니다. Icon은 선박의 스크러버 시스템을 통한 연료비 절감으로 추가 수익을 얻을 예정입니다. CEO 이스미니 파나지오티디는 전략적 인수를 통한 선단 확장에 대한 회사의 의지를 표명했습니다.
Icon Energy Corp. (Nasdaq : ICON), une compagnie maritime mondiale, a annoncé la livraison réussie du M/V Charlie, un vraquier Ultramax sec construit en 2020 et équipé d'un système de scrubber écologique. Le navire a été livré le 21 juin 2025, suite à un accord de charter bareboat annoncé en mars 2025.
Le navire a été immédiatement affrété à temps à un opérateur de vrac sec pour une période de 9 à 12 mois à un tarif journalier variable indexé sur le Baltic Supramax Index. Icon bénéficiera de revenus supplémentaires grâce aux économies de carburant générées par le système de scrubber du navire. La PDG Ismini Panagiotidi a exprimé l'engagement de l'entreprise à poursuivre l'expansion de sa flotte par des acquisitions stratégiques.
Icon Energy Corp. (Nasdaq: ICON), ein globales Schifffahrtsunternehmen, hat die erfolgreiche Übergabe der M/V Charlie bekannt gegeben, eines im Jahr 2020 gebauten Ultramax-Trockenfrachtschiffs mit Scrubber-Anlage und umweltfreundlicher Technologie. Das Schiff wurde am 21. Juni 2025 ausgeliefert, nach einer im März 2025 bekannt gegebenen Bareboat-Charter-Vereinbarung.
Das Schiff wurde sofort für 9-12 Monate zu einem Zeitcharter an einen Trockenfrachtschiffsbetreiber vergeben, mit einem variablen Tagessatz, der an den Baltic Supramax Index gekoppelt ist. Icon wird zusätzliche Einnahmen durch Kraftstoffeinsparungen dank des Scrubber-Systems des Schiffes erzielen. CEO Ismini Panagiotidi betonte das Engagement des Unternehmens für eine weitere Flottenerweiterung durch strategische Akquisitionen.
- Immediate revenue generation through time charter-out agreement
- Additional revenue stream from fuel cost savings via scrubber system
- Modern vessel (2020-built) with eco-friendly and scrubber technology
- Strategic fleet expansion with minimal capital investment through bareboat charter
- Exposure to Baltic Supramax Index rate fluctuations through floating rate charter
- Additional operational costs and obligations through bareboat charter arrangement
ATHENS, Greece, June 24, 2025 (GLOBE NEWSWIRE) -- Icon Energy Corp. (“Icon” or the “Company”) (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, is pleased to announce the successful delivery of the M/V Charlie to its fleet.
Delivery. On June 21, 2025, Icon took delivery of the M/V Charlie, a 2020-built, scrubber-fitted, eco Ultramax dry bulk carrier, it had agreed to bareboat charter-in from an unaffiliated third party, as previously announced on March 24, 2025.
Charter. The M/V Charlie has been time chartered-out to a reputable dry bulk operator for a period of 9 to 12 months, at a floating daily hire rate linked to the Baltic Supramax Index. In addition to the daily hire rate, Icon will also receive a share of the fuel cost savings to be realized by the charterer through the use of the vessel’s scrubber. The time charter commenced immediately upon delivery of the M/V Charlie to Icon.
Ismini Panagiotidi, Chairwoman and Chief Executive Officer of Icon, commented:
“We are pleased to welcome the M/V Charlie to Icon’s fleet and wish her fair winds and calm seas. With the vessel set to immediately contribute to our revenues, Icon remains focused on further expanding its fleet through disciplined and opportunistic acquisitions.”
About Icon Energy Corp.
Icon is an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. Icon maintains its principal executive office in Athens, Greece, and its common shares trade on the Nasdaq Capital Market under the symbol “ICON.”
Cautionary Note Regarding Forward Looking Statements
This communication contains “forward-looking statements.” Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions that are other than statements of historical fact are forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant risks, uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, the Company cannot provide assurance that it will achieve or accomplish these expectations, beliefs or projections. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons, including as described in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”). As a result, you are cautioned not to unduly rely on any forward-looking statements, which speak only as of the date of this communication.
Factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, among other things: the Company’s future operating or financial results; the Company’s liquidity, including its ability to service any indebtedness; changes in shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations; broader market impacts arising from war (or threatened war) or international hostilities; risks associated with pandemics; and other factors listed from time to time in the Company’s filings with the SEC. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. You should, however, review the factors and risks the Company describes in the reports it files and furnishes from time to time with the SEC, which can be obtained free of charge on the SEC’s website at www.sec.gov.
Contact Information
Icon Energy Corp.
Dennis Psachos
Chief Financial Officer
+30 211 88 81 300
ir@icon-nrg.com
www.icon-nrg.com
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