United Maritime Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $24.8M
- Price
- $2.80
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.28%
- Volume
- 81.0K
About
United Maritime Corporation is a global maritime transport firm, offering shipping services across the world. Its current assets include a single Capesize dry bulk carrier, which boasts a carrying capacity of 171,314 deadweight tons. Founded in 2022, the company's main operational base is situated in Glyfada, Greece. As of July 5, 2022, United Maritime Corporation has maintained full operational autonomy, independent of Seanergy Maritime Holdings Corp.
Quick stats
Shares outstanding8.8M
Computed float6.5M
Float / shares73.2%
Key info
SectorIndustrials
IndustryMarine Shipping
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001912847
AI Summary
AI-generated1/10
majorbullishearnings
United Maritime Reports Second Quarter and First Half 2026 Financial Results
United Maritime returned to profitability for the first half of 2026, reporting net income of $1.0 million compared to a net loss of $3.5 million in the prior year period, driven by a 35% increase in fleet Time Charter Equivalent rates.
The strategic shift toward Capesize vessels continued with the delivery of M/V Squireship and the sale of older vessels, generating significant liquidity while maintaining a strong balance sheet with $12.1 million in cash.
Management declared its 15th consecutive quarterly dividend of $0.10 per share and issued optimistic Q3 guidance with an estimated TCE rate of $20,418 per day, signaling strong sequential earnings growth.
Red flags
- Net revenue for the six months ended June 30, 2026 decreased to $17.9 million from $20.2 million in the same period of 2025.
- High leverage with bank debt, finance lease liabilities and other financial liabilities totaling $94.2 million against $53.3 million of shareholders' equity.