United Maritime (NASDAQ: USEA) files 2025 Form 20-F and outlines dry bulk fleet changes
Rhea-AI Filing Summary
United Maritime Corporation has filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the SEC, and made it available through the Investors/Annual Reports section of its website. The company operates six dry bulk vessels totaling 577,750 dwt. Following the announced sale of the M/V Cretansea and acquisition of the M/V Squireship, its fleet is expected to remain at six vessels, with two Capesize, one Kamsarmax and three Panamax vessels, and aggregate capacity increasing to 666,260 dwt.
Positive
- None.
Negative
- None.
Key Figures
Current fleet capacity: 577,750 dwt
Post-transaction fleet capacity: 666,260 dwt
Current vessel count: 6 vessels
+2 more
5 metrics
Current fleet capacity
577,750 dwt
Aggregate cargo carrying capacity of six dry bulk vessels
Post-transaction fleet capacity
666,260 dwt
Aggregate capacity after M/V Cretansea sale and M/V Squireship acquisition
Current vessel count
6 vessels
One Capesize, two Kamsarmax and three Panamax dry bulk vessels
Post-transaction vessel mix
6 vessels
Two Capesize, one Kamsarmax and three Panamax vessels after announced changes
Reporting period
Year ended December 31, 2025
Period covered by the filed Annual Report on Form 20-F
Key Terms
Form 6-K, Form 20-F, dry bulk vessels, cargo carrying capacity, +1 more
5 terms
Form 6-K regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
Form 20-F regulatory
"its Annual Report on Form 20-F for the fiscal year ended December 31, 2025"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
dry bulk vessels financial
"The Company operates a fleet of six dry bulk vessels"
cargo carrying capacity financial
"with an aggregate cargo carrying capacity of 577,750 dwt"
forward-looking statements regulatory
"This press release contains forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did United Maritime (USEA) announce in this Form 6-K?
United Maritime announced that its Annual Report on Form 20-F for the year ended December 31, 2025 has been filed with the SEC and is available in the Investors, Annual Reports section of its website for public access and review.
How can investors access United Maritime’s 2025 Form 20-F?
Investors can access United Maritime’s 2025 Form 20-F through the SEC’s website and via www.unitedmaritime.gr, by visiting the “Investors” section and selecting “Annual Reports” to view or download the filed Annual Report.
What type of shipping fleet does United Maritime (USEA) currently operate?
United Maritime operates a fleet of six dry bulk vessels, consisting of one Capesize, two Kamsarmax and three Panamax ships, with a combined cargo carrying capacity of 577,750 deadweight tons, providing worldwide seaborne transportation services in the dry bulk market.
How will United Maritime’s fleet change after its announced vessel sale and acquisition?
After the announced sale of the M/V Cretansea and acquisition of the M/V Squireship, United Maritime expects to keep an operating fleet of six vessels, shifting to two Capesize, one Kamsarmax and three Panamax ships, with aggregate capacity increasing to 666,260 deadweight tons.
What risks are highlighted in United Maritime’s forward-looking statements disclaimer?
The forward-looking statements highlight risks related to operating and financial results, liquidity and debt service, shipping market trends, acquisitions and disposals, litigation, geopolitical tensions, trade disputes, pandemics, and other factors described in United Maritime’s SEC filings, including its most recent Form 20-F.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2026
Commission File Number: 001-41413
UNITED MARITIME CORPORATION
(Translation of registrant’s name into English)
(Translation of registrant’s name into English)
154 Vouliagmenis Avenue
166 74 Glyfada
Athens, Greece
(Address of principal executive office)
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
|
Form 20-F ☒
|
Form 40-F ☐
|
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached to this report on Form 6-K as Exhibit 99.1 is a copy of the press
release of United Maritime Corporation (the “Company”) dated April 9, 2026, titled “United Maritime Announces Availability of its 2025 Annual Report on Form 20-F.”
This report on Form 6-K and the exhibit hereto are hereby incorporated by reference into the Company’s Registration Statements on Form F-3 (File Nos. 333-273116 and 333-266099).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
UNITED MARITIME CORPORATION
|
|||
|
(Registrant)
|
|||
|
By:
|
/s/ Stamatios Tsantanis
|
||
|
Name:
|
Stamatios Tsantanis
|
||
|
Title:
|
Chief Executive Officer
|
||
Date: April 9, 2026
Exhibit 99.1
United Maritime Announces Availability of its 2025 Annual Report on Form 20-F
April 9, 2026 - Glyfada, Greece - United Maritime Corporation (the “Company” or “United”) (NASDAQ: USEA) announced today that its
Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the “Annual Report”) has been filed with U.S. Securities and Exchange Commission. The Annual Report may also be accessed through United’s website, www.unitedmaritime.gr, at the “Investors” section under “Annual Reports”.
About United Maritime Corporation
United Maritime Corporation is an international shipping company specializing in worldwide seaborne transportation services. The Company operates a fleet of six dry bulk vessels, comprising one
Capesize, two Kamsarmax and three Panamax vessels, with an aggregate cargo carrying capacity of 577,750 dwt. Upon completion of the announced sale of the M/V Cretansea and the acquisition of the M/V Squireship, the Company’s operating fleet will
consist of six vessels (two Capesize, one Kamsarmax and three Panamax), with an aggregate cargo carrying capacity of 666,260 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,
including with respect to the share repurchases, market trends and shareholder returns. Words such as “may”, “should”, “expects”, “intends”, “plans”, “believes”, “anticipates”, “hopes”, “estimates” and variations of such words and similar expressions
are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which
are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the
Company’s operating or financial results; the Company’s liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values
and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, impacts of litigation, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks
associated with operations outside the United States; risks arising from trade disputes between the U.S. and China, including the re-imposition of reciprocal port fees; broader market impacts arising from trade disputes or war (or threatened war) or
international hostilities, such as between the U.S. and Venezuela, China and Taiwan, Israel and Hamas or Iran and Russia and Ukraine; risks associated with the length and severity of pandemics; and other factors listed from time to time in the
Company’s filings with the SEC, including its most recent annual report on Form 20-F. The Company’s filings can be obtained free of charge on the SEC’s website at www.sec.gov. Except to the extent required by law, the Company expressly disclaims any
obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances
on which any statement is based.
For further information please contact:
United Investor Relations
Tel: +30 213 0181 522
E-mail: ir@usea.gr
Capital Link, Inc.
Paul Lampoutis
230 Park Avenue Suite 1540
New York, NY 10169
Tel: (212) 661-7566
E-mail: usea@capitallink.com