Profitable sales for United Maritime
United Maritime Corporation has reported a profitable divestment of $1.7 million from its offshore sector investments.
United Maritime Corporation has successfully executed a profitable divestment from the offshore sector, where it garnered $1.7 million in earnings. The company had previously invested in the construction of a new Energy Infrastructure Support vessel, entering a rapidly growing segment of the maritime industry. As the construction progressed and the market value of the vessel increased, United Maritime raised its investment and ultimately became the largest shareholder in the project. In February 2026, the company sold its share for approximately 13 million euros, marking a significant profit of about 1.7 million euros.
Additionally, the company agreed to sell the M/V Cretansea, a Kamsarmax type vessel built in 2009 with a deadweight tonnage of 81,508 dwt, for a net value of 14.7 million dollars. This sale is expected to yield around 6 million dollars in liquidity after settling the associated debts. The transaction frees up considerable capital, which the company intends to reinvest in vessels that promise higher returns and stronger cash flows, highlighting their strategy to optimize their fleet and maximize profitability.
In summary, United Maritime's strategic divestments represent a significant evolution in their business operations, as they look to reposition their assets within the maritime sector. By focusing on high-performance vessels, the company demonstrates its commitment to enhancing operational efficiency and strengthening its financial position in a competitive market.