ATHENS, Greece and NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (the "Company" or "Heidmar") (NASDAQ: HMR) today reported its results for the quarter and six month period ended June 30, 2025. Second Quarter 2025 Highlights Total net revenue of $9.6 million, up 23% from $7.8 million in Q2 2024.Net loss attributable to shareholders from continuing operations of $0.1 million or $0.002 per share.Adjusted net income from continuing operations of $0.5 million, which excludes $0.6 mi ...

Core Viewpoint - Heidmar Maritime Holdings Corp. has announced its first vessel acquisition, marking a strategic milestone in its growth strategy [1][8]. Vessel Acquisition Details - Heidmar has entered into an agreement to acquire C/V A. Obelix, a 1,702 TEU feeder container vessel built in 2008, which is classed by Lloyd's Register and strengthened for Ice Class II operations [2][6]. - The vessel is equipped with a two-stroke main engine, a bow thruster for maneuverability, and a high-capacity 330-plug reefer system, with the next drydock scheduled for 2028 [2][3]. - The acquisition price for C/V A. Obelix is approximately $25.25 million, supported by seller and debt financing [5][3]. Financial Projections - The vessel will come with a 2.5-year time charter to a leading operator, expected to generate an aggregate EBITDA of approximately USD 17 – 20 million during the charter period [3][6]. - The acquisition is anticipated to be financially viable due to the security of charter revenue and the end-of-life recycling price [5]. Strategic Growth and Market Position - Heidmar's capital-efficient co-investment strategy aims to partner with investors for asset acquisitions, expanding revenue opportunities beyond its core management services [4][6]. - The feeder container segment is identified as undersupplied, with a low orderbook of just 4% and an aging fleet averaging 15 years, supporting resilient charter rates and long-term earnings visibility [6][7]. - The acquisition allows Heidmar to expand its footprint beyond traditional tanker and dry bulk operations into a high-potential market [6][7]. Management Commentary - The CEO of Heidmar emphasized the importance of this acquisition in broadening the company's platform and providing investors with exposure to high-return shipping projects, with an expected annualized cash-on-cash return of close to 30% [7][8].