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United Maritime Corp. ( (USEA) ) just unveiled an update.
On January 28, 2025, United Maritime Corporation announced the sale of its oldest Capesize vessel, M/V Gloriuship, for $15 million, expected to deliver by mid-July 2025, enhancing its cash reserves by $7 million. The company also extended its $3 million share repurchase plan through December 31, 2025, while integrating MV Synthesea into the DeepSea AI Platform for improved fleet energy and performance management.
More about United Maritime Corp.
United Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services. The company operates a fleet of eight dry bulk vessels, including Capesize, Kamsarmax, and Panamax vessels, with an aggregate cargo carrying capacity of 922,072 dwt. Post-transaction, the fleet will consist of seven vessels with a reduced capacity of 750,758 dwt. United is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. Its shares are traded on the Nasdaq Capital Market under the symbol ‘USEA.’
YTD Price Performance: 1.70%
Average Trading Volume: 61,330
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.83M
For an in-depth examination of USEA stock, go to TipRanks’ Stock Analysis page.
