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United Maritime Corporation shares rise 6.37% intraday after South Korea pledges $150 billion in US shipbuilding investments.
ByAinvest
Tuesday, Aug 26, 2025 3:52 pm ET1min read
United Maritime Corporation rose 6.37% intraday, with the company benefiting from significant investments and strategic partnerships in the maritime sector. South Korea's President Lee Jae Myung pledged $150 billion in U.S. shipbuilding investments, with Hanwha Ocean planning a $70 million expansion for its Philadelphia shipyard. Additionally, Cerberus Capital Management and HD Hyundai announced a strategic partnership to revitalize U.S. maritime capabilities, further boosting the sector's growth prospects.
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