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United Maritime Announces Completion of Strategic Divestment from Older Vessels with the Profitable Sale of its Oldest Capesize Vessel [Yahoo! Finance]

United Maritime Corporation (USEA) 
Company Research Source: Yahoo! Finance
Corporation (the “Company” or “United”) (NASDAQ: USEA), announced today it has completed the divestment of its oldest Capesize vessel, M/V Goodship, finalizing the Company's exit from vintage tonnage as part of its long-term fleet renewal plan. On September 16, 2025, the 177,536 dwt Capesize vessel, M/V Goodship, built in 2005 in Japan, was delivered to its Far Eastern buyers, an unaffiliated third party. The net sale price of approximately $15.4 million is expected to generate net cash proceeds of approximately $8.2 million after the repayment of the associated debt and an accounting profit of approximately $0.6 million, which will be recorded in United's third quarter financial results. Stamatis Tsantanis, the Company's Chairman & Chief Executive Officer, stated: “We are pleased to announce the successful sale of the 20-year-old M/V Goodship, divesting an aging asset at premium value. This transaction reflects our effective fleet management strategy, as we continue to capitali Show less Read more
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