United Maritime Corporation
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Stamatios Tsantanis
- Full Time Employees
- 5
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 154 Vouliagmenis Avenue Glyfada GI Greece 166 74
- IPO Date
- Jul 6, 2022
- CIK
- 0001912847
- Website
- unitedmaritime.gr
- Similar Companies
- Business
- United Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services with a focus on dry bulk vessel operations. The company operates a diversified fleet consisting of Capesize, Kamsarmax, and Panamax dry bulk vessels, with an aggregate cargo carrying capacity of approximately 750,758 deadweight tons (dwt) following recent fleet optimization. Its core products and services include the transportation of bulk commodities such as coal, grain, and iron ore across global maritime trade routes. The fleet composition provides flexibility to serve various cargo transportation needs within the dry bulk shipping sector. Founded in 2022 and headquartered in Glyfada, Greece, United Maritime Corporation has recently undertaken significant strategic changes. These include the sale of older Capesize vessels generating over $18 million in liquidity, divestment of older vessels to modernize and optimize the fleet, and a focus shift towards a pure Panamax and Kamsarmax fleet that aligns with strong market demand. The company has also made a strategic investment in offshore energy construction vessels, increasing its stake to approximately 32% in a Norwegian-based newbuilding project aimed at developing technologically advanced vessels for the oil, gas, and renewable energy sectors. This expansion diversifies its earnings and risk exposure beyond its traditional dry bulk segment. United Maritime’s business model emphasizes securing long-term time charter contracts which provide predictable revenue streams. The company has pursued digital transformation initiatives to enhance ship management and operational efficiency, incorporating artificial intelligence technology. It also maintains rigorous safety and operational standards across its fleet, supporting its competitive position in global maritime logistics. The company caters primarily to commodity transport markets worldwide, leveraging its fleet to address shifts in freight rates and cargo demand while actively managing its assets to maximize operational and financial performance. These initiatives highlight United Maritime Corporation’s strategic pivot towards fleet modernization, diversification into offshore sectors, and leveraging market-aligned chartering to strengthen its market position amid evolving industry dynamics and regulatory environments targeting emissions reduction. Its shares trade on the Nasdaq Capital Market under the symbol USEA.
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United Maritime Announces the Date for the First Quarter Ended March 31, 2026, Financial Results
United Maritime Announces Availability of its 2025 Annual Report on Form 20-F
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United Maritime Corporation (USEA) Q4 2025 Earnings Call Transcript
United Maritime Reports Fourth Quarter and Full-Year 2025 Financial Results
United Maritime Executes Value-Accretive Transactions, Generating Significant Liquidity and Investment in Capesize Sector
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United Maritime (NASDAQ:USEA) Stock Price Up 3.3% – Should You Buy?
United Maritime Corporation (USEA) Q2 2025 Earnings Call Transcript
United Maritime Reports Second Quarter and First Half Financial Results for the Periods Ended June 30, 2025
Squarepoint Ops LLC Acquires 18,117 Shares of United Maritime Co. (NASDAQ:USEA)
United Maritime Announces the Date for the First Quarter Ended March 31, 2025, Financial Results
United Maritime Announces Availability of its 2024 Annual Report on Form 20-F
United Maritime Corporation (USEA) Q4 2024 Earnings Call Transcript
United Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2024 and Declares Quarterly Cash Dividend of $0.01 Per Share
United Maritime Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024 and Declares Cash Dividend of $0.075 Per Share