Port News

United Maritime cashes out of offshore vessel JV

Nasdaq-listed Greek bulker owner United Maritime has agreed to sell its stake in a Norwegian joint venture developing an energy construction vessel (ECV), locking in a profit as it reshuffles capital. The Stamatis Tsantanis-led spinoff of Seanergy Maritime said it will sell its equity interest for about €13m ($15.4m), generating a profit of roughly €1.7m. …

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