- United Maritime ( NASDAQ: USEA ) entered into agreements with two unaffiliated third parties to purchase two high quality Kamsarmax dry bulk vessels, with prompt deliveries.
- The first vessel is expected to be delivered to United by the end of April 2023 and second vessel is expected to be delivered to United by mid-April 2023.
- The company expects to fund the combined purchase price of $39.2M through a combination of cash on hand and proceeds from new credit facilities.
- It has also entered into a bareboat charter agreement for one Japanese-built modern Panamax dry bulk vessel with an unaffiliated third party in Japan.
- The bareboat charter agreement includes a purchase option for United with an unaffiliated third party for Japanese Panamax dry-bulk vessel.
For further details see:
United Maritime acquires three dry bulk vessel, inks bareboat charter agreement