[6-K] Icon Energy Corp. Common stock Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Icon Energy (NYSE: ICON) submitted a Form 6-K furnishing its 24 June 2025 press release announcing delivery of the M/V Charlie, a 2020-built, scrubber-fitted, eco Ultramax dry-bulk carrier.

The filing is limited to the vessel-delivery announcement; it contains no financial statements, purchase price, charter details, or updated guidance. The document is signed by Chief Financial Officer Dennis Psachos and contains no other material corporate actions.

Key points

• Expansion of fleet capacity through addition of a modern, environmentally compliant vessel.
• Scrubber-fitted and eco design align with IMO 2020 sulfur rules, potentially lowering fuel-cost intensity.
• No disclosure on financing structure, earnings contribution, or fleet size, leaving magnitude of impact undisclosed.

Positive

• Fleet expansion with delivery of a 2020-built eco Ultramax carrier, enhancing capacity and environmental compliance

Negative

• None.

Insights

Shipping Industry Analyst

TL;DR: One modern Ultramax joins fleet—operational positive, financial impact unquantified.

The arrival of a 2020-built, scrubber-equipped eco Ultramax should improve Icon Energy’s average fleet age and emissions compliance profile. Such vessels generally command higher utilisation and fuel-spread savings, supporting cash generation in sulfur-capped markets. However, the filing offers no insight into acquisition cost, charter coverage, or financing; therefore, while directionally positive, earnings uplift cannot be modelled from this disclosure alone.

Equity Analyst

TL;DR: Capacity up, but lack of cost and financing data tempers valuation relevance.

An additional Ultramax typically increases revenue potential and signals ongoing fleet modernisation. Yet investors have no details on purchase consideration, debt funding, or expected EBITDA contribution. Absent those metrics, the news is strategically constructive but not yet financially measurable, leaving the share-price effect modest.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2025

Commission File Number: 001-42174

Icon Energy Corp.

(Translation of registrant’s name into English)

c/o Pavimar Shipping Co.

17th km National Road

Athens-Lamia & Foinikos Str.

14564, Nea Kifissia

Athens, Greece

+30 211 88 81 300

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this report on Form 6-K as Exhibit 99.1 is a copy of the press release of Icon Energy Corp. (the “Company”) issued on June 24, 2025, reporting the delivery of the M/V Charlie — a 2020-built, scrubber-fitted, eco Ultramax dry bulk carrier — to the Company’s fleet.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	ICON ENERGY CORP.
Date: June 24, 2025	By:	/s/ Dennis Psachos
	Name:	Dennis Psachos
	Title:	Chief Financial Officer

FAQ

What did ICON disclose in its June 2025 Form 6-K?

The filing reports the delivery of the M/V Charlie, a 2020-built, scrubber-fitted, eco Ultramax dry-bulk carrier, to Icon Energy’s fleet.

When was the M/V Charlie delivered to ICON’s fleet?

According to the 6-K, the vessel was delivered on 24 June 2025.

What type of vessel is M/V Charlie mentioned by ICON?

It is a 2020-built, scrubber-fitted, eco Ultramax dry-bulk carrier.

Did ICON disclose the purchase price or financing terms for M/V Charlie?

No. The 6-K does not provide any financial details regarding purchase cost, financing, or charter arrangements.

How might the eco and scrubber features benefit ICON?

The vessel’s eco design and scrubber align with sulfur-emission rules, potentially lowering fuel costs, though the filing does not quantify savings.