Reports Q2 revenue $12.443M vs $10.011M last year. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “We are delighted to announce United’s return to profitability in the second quarter, driven by continued positive momentum in the dry bulk market. Our fleet was strategically positioned to capitalize on this trend through a blend of fixed and index-linked charters. We remain highly optimistic about the long-term prospects of the market and United’s ability to deliver high returns on capital.”
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