Heidmar Maritime announces first vessel acquisition

Heidmar Maritime (HMR) announces its first vessel acquisition, making it a strategic milestone in the Company’s project development and growth strategy. Heidmar has entered into an agreement to acquire C/V A. Obelix, a 1,702 TEU cellular/gearless feeder container vessel, built in 2008 at Wadan/Aker Yards, Wismar Germany. C/V A. Obelix is classed by Lloyd’s Register and has been strengthened for Ice Class II operations. The vessel is powered by a two-stroke main engine and is equipped with a bow thruster, allowing for a high degree of maneuverability and independence in port operations, and a high-capacity 330-plug reefer system. The vessel’s next drydock is scheduled for 2028 allowing for three clear years of operations with no projected upfront maintenance expense. C/V A. Obelix will come with an approximate 2.5-year time charter to a leading operator and is expected to generate a total aggregate EBITDA of approximately USD 17 – 20M over the period of the charter depending on the trade of the vessel, though actual results may vary. Delivery is expected between August and September 2025. The purchase is supported by seller and debt financing and is subject to customary closing conditions. Under Heidmar’s capital-efficient co-investment strategy and project development model, the Company intends to partner with investors, arranging the acquisition of assets in which both Heidmar and its partners co-invest. In these transactions, investors will acquire and hold an equity stake in the vessel-owning company, while Heidmar provides full commercial and technical management, thereby expanding its revenue opportunities beyond its core areas of commercial and technical management. Heidmar is acquiring its interest in the vessel from a related party at an aggregate purchase price of $25.25M. The security of the charter revenue and the end-of-life recycling price are expected to effectively cover the cost of the acquisition in case of the high EBITDA scenario.