United Maritime CorpUSEA
What United Maritime Corp does.
We are an international shipping company currently specializing in worldwide seaborne transportation services. We currently operate one Capesize dry bulk vessel, two Kamsarmax dry
bulk vessels and three Panamax dry bulk vessels (including one that we have contracted to sell, as described below), with an aggregate cargo-carrying capacity of approximately 577,750 dwt and an age of approximately 13.7 years. In January 2026, we
entered into an agreement with an unaffiliated third party for the sale of one of our Kamsarmax vessels, M/V Cretansea, which is scheduled to be delivered to its new owners by May 25, 2026. In March 2026, we agreed to main terms with Seanergy, a
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $22.8M | $36.1M | $45.4M | $37.8M |
| Net income | — | $37.5M | $221,000 | -$3.4M | -$6.2M |
| Free cash flow | — | -$73.0M | -$88.0M | $3.0M | $1.5M |
More on USEA.
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Figures from United Maritime Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.