Basis of Presentation and General Information (Tables)

6 Months Ended

Jun. 30, 2026

Basis of Presentation and General Information [Abstract]

Vessels Owned

As of June 30, 2026, Icon’s fleet comprised of the following dry bulk vessels:

Vessel Name		Vessel Type		Year Built		Charter Type		Earliest Charter Expiration		Latest Charter Expiration
Alfa		Panamax		2006		Fixed rate TC⁽³⁾		December 2026		Evergreen⁽¹⁾
Bravo		Kamsarmax		2007		Index-linked TC		Evergreen⁽¹⁾		Evergreen⁽¹⁾
Charlie		Ultramax		2020		Index-linked TC⁽²⁾		August 2027		December 2027

(1)	The charter continues indefinitely, subject to 3 months’ termination notice by either party.

(2)	In addition to the daily hire rate, the Company is also entitled to receive part of the fuel cost savings to be realized by the charterer through the use of the vessel’s scrubber.

(3)	Index-linked daily hire rate converted to a fixed rate of $18 for the seven-month period from June to December 2026.

Subsidiaries

Subsidiaries. The accompanying unaudited interim condensed consolidated financial statements include the accounts of Icon and its subsidiaries:

Company		Activity		Incorporation country		Vessel name
Icon Energy Corp.		Parent		Marshall Islands		—
Maui Shipping Co.⁽¹⁾		Intermediate holding		Marshall Islands		—
Positano Marine Inc.⁽¹⁾		Shipowning		Marshall Islands		M/V Alfa
Reef Shiptrade Ltd.⁽¹⁾		Shipowning		Marshall Islands		M/V Bravo
Charlie Marine Ltd.⁽¹⁾		Bareboat charterer		Marshall Islands		M/V Charlie
Icon Investment Holdings Ltd.⁽¹⁾		Investment holding		Marshall Islands		—

⁽¹⁾	Wholly owned subsidiaries