United Maritime surged 12.66% in premarket trading following the announcement of securing three new time charters with leading counterparties, including Nippon Yusen Kabushiki Kaisha (NYK) and Enesel Bulk Logistics Pte. Ltd., alongside extensions of existing charters for two of its vessels. The agreements, tied to the Baltic Kamsarmax Index (BKI), ensure direct exposure to panamax and kamsarmax market strength, aligning with the company’s strategy to capitalize on favorable dry bulk shipping conditions. The CEO emphasized the strategic importance of these contracts in maintaining full market exposure and securing forward coverage at attractive rates. The news reflects strong demand for the company’s fleet capacity, reinforcing investor confidence in its revenue visibility and operational performance.
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