United Maritime Swaps Kamsarmax for Capesize Tonnage, Lifting Fleet Capacity by 15%
SHERIDAN, WYOMING - April 14, 2026 - United Maritime Corporation (NASDAQ: USEA), a dry bulk shipping operator incorporated in the Marshall Islands and headquartered in Glyfada, Greece, is executing a vessel swap intended to increase Capesize exposure while retiring its oldest operating unit. The company has announced the sale of M/V Cretansea, a 2009-built Kamsarmax of 81,508 deadweight tons, alongside the concurrent acquisition of M/V Squireship, a Capesize vessel. Upon completion, aggregate fleet capacity will rise from 577,750 dwt to 666,260 dwt, and the fleet's Capesize count will double from one to two. The company has described the transactions as value-accretive, generating significant liquidity while upgrading the fleet's vessel-class composition.