United Maritime Corporation reported its financial results for the first quarter of 2025, revealing a decline in net revenues to $7.8 million from $10.6 million in the same period of 2024. The company recorded a net loss of $4.5 million, compared to a net loss of $1.3 million in the first quarter of the previous year. Adjusted net loss was reported at $4.4 million, up from $1.1 million in Q1 2024. EBITDA for the quarter amounted to $0.7 million, a decrease from $3.5 million in Q1 2024, while adjusted EBITDA stood at $0.9 million, down from $3.7 million in the same period last year. The company declared a quarterly cash dividend of $0.01 per share for Q1 2025. Looking ahead, United Maritime provided guidance for the second quarter of 2025, indicating that approximately 79% of its fleet's expected operating days have been fixed at an estimated TCE rate of $16,835. The TCE rate for the remaining operating days is anticipated to align with an average Forward Freight Agreement rate of $18,000 for Capesize vessels.