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United Announces Delivery of its Second Aframax Petroleum Tanker and Immediate Commencement of Pool Employment
GLYFADA, Greece, Aug. 22, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today the delivery of the
About this update from United Maritime Corporation
[{"type":"text","content":"GLYFADA, Greece, Aug. 22, 2022 (GLOBE NEWSWIRE) -- United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today the delivery of the previously-announced Aframax vessel acquisition, renamed M/T Bluesea (the “Vessel”). The Vessel is a 114,000-deadweight (“dwt”) crude oil tanker, built in 2006 by Samsung Heavy Industries Co., Ltd. in South Korea. M/T Bluesea is the second out of the 4-tanker fleet acquisition agreed by United in July 2022. The delivery of the third vessel is expected within August and the fourth vessel by the end of October. Following its delivery, M/T Bluesea has entered a leading Aframax tanker pool. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “We are very pleased to announce the timely delivery of the second tanker vessel of United and the participation of M/T Bluesea in a prominent Aframax pool. “The outlook of the tanker sector is very bullish, supported by low fleet growth and increased demand for oil and refined petroleum products. We expect to take delivery of the two product tankers promptly, expanding further our revenue base and solidifying the Company’s position in the petroleum tanker space.” About United Maritime Corporation United Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services. Upon delivery of the newly-acquired vessels, the Company’s fleet will consist of four tanker vessels and one dry bulk vessel with an aggregate cargo carrying capacity of approximately 616,884 dwt. The Company is incorporated under the laws of the Republic of the Marshall Islands and has executive offices in Glyfada, Greece. The Company's common shares trade on the Nasdaq Capital Market under the symbol “USEA”. Please visit the Company’s website at: www.unitedmaritime.gr Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events. Words such as \"may\", \"should\", \"expects\", \"intends\", \"plans\", \"believes\", \"anticipates\", \"hopes\", \"estimates\" and variations of such words and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not f...