United Maritime, announced that it has entered into definitive agreements with an unaffiliated third party for the sale of two Aframax tankers, and the successful delivery of the previously-announced LR2 tanker acquisitions.

Sale of two Aframax Tankers

The Company has entered into two separate definitive agreements with an unaffiliated third party for the sale of its two Aframax vessels, the 2006-built M/T Bluesea and the M/T Parosea. The vessels are scheduled to be delivered to their new owners within the fourth quarter of 2022.

The aggregate gross sale price is approximately $62.5 million and the transactions are subject to customary closing procedures.

Delivery of two LR2 Product Tankers

Additionally, the Company took delivery of two previously announced tanker acquisitions. The first vessel is a 109,000-dwt LR2 product tanker, built in 2008 by Shanghai Waigaoqiao Shipbuilding Co., Ltd. (“SWS”) in China, and was renamed M/T Minoansea. The second vessel is a 109,600-dwt LR2 product carrier, built in 2008 by Dalian Shipbuilding Industry in China, and was renamed M/T Epanastasea.

The M/T Epanastasea was delivered with a short-period charter (“T/C”) attached at a gross daily rate of approximately $26,500 which expires in December 2022, while the M/T Minoansea has been initially deployed in the spot market.