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Recent Updates — USEA

August 7, 2026View Source ↗

United Maritime Corporation reported second quarter and first half 2026 financial results alongside a strategic fleet repositioning into Capesize vessels. The company declared a quarterly cash dividend of $0.10 per share, payable on or about October 9, 2026, to shareholders of record as of September 25, 2026. For the six months ended June 30, 2026, net revenues were $17.9 million and adjusted EBITDA was $8.4 million, up 42% year-over-year. The company generated approximately $29.5 million in liquidity from asset sales and investment monetization to fund Capesize fleet growth without shareholder dilution. This included the sale of M/V Cretansea for $14.7 million and an agreement to sell M/V Exelixsea for approximately $17.5 million, while taking delivery of the Capesize vessel M/V Squireship. United Maritime Corporation operates a fleet of dry bulk vessels providing worldwide seaborne transportation services.