Workflow
Heidmar Maritime Holdings Corp.
icon
Search documents
Heidmar Maritime Holdings Corp. Appoints Industry Veteran Jagmeet Makkar as Director
Globenewswire· 2026-02-18 13:00
ATHENS, Greece and NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (the “Company” or “Heidmar”) (NASDAQ: HMR) is pleased to announce the appointment of Mr. Jagmeet Makkar as Independent Non-executive Director effective as of February 16, 2025. Mr. Makkar brings over 40 years of distinguished experience in shipping operations, commercial management, and risk management. He will also serve as a member of the Company’s Audit Committee. In addition to his extensive background, Mr. Ma ...
Heidmar Maritime Holdings Corp. Terminates Agreement for Acquisition of C/V A. Obelix
Globenewswire· 2026-01-28 21:05
Core Viewpoint - Heidmar Maritime Holdings Corp. has mutually terminated the Memorandum of Agreement for the acquisition of C/V A. Obelix, with no financial impact on the company as the deposit has been returned [1] Company Overview - Heidmar, celebrating its 40th anniversary, is based in Athens and operates in the crude and product tanker market, focusing on safety, performance, relationships, and transparency [2] - The company has operations in multiple global locations including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, aiming to maximize customer profitability through a "one stop" solution for maritime services [2] - Heidmar's unique business model and extensive maritime industry experience enable it to achieve premier market coverage and provide seamless commercial transportation services [2]
Heidmar Maritime Holdings Corp. Maintains Momentum with Additions to Managed Fleet
Globenewswire· 2025-12-22 14:15
Core Insights - Heidmar Maritime Holdings Corp. is expanding its managed fleet through recent vessel additions, indicating a growing preference among shipowners for the company's commercial and technical expertise [1] - The CEO highlighted that the growth in 2025 reflects the company's ability to manage assets efficiently and support clients' decarbonization goals with a super-eco fleet [1] Company Overview - Heidmar is a commercial and pool management business servicing the crude and product tanker market, celebrating its 40th anniversary [2] - The company operates in multiple global locations, including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, and aims to maximize customer profitability through a "one-stop" solution for maritime services [2] Recent Fleet Additions - The fleet additions include one super eco LR2 newbuilding and two super eco MR newbuildings, with the latter expected to join under time charter agreements in February 2026 [5] - Additionally, two MR tankers are scheduled to enter Heidmar's fleet under commercial management in the first quarter of 2026 [5]
Heidmar Maritime Holdings Corp. Announces Results Of Its 2025 Annual Meeting Of Shareholders
Globenewswire· 2025-12-15 21:05
Company Overview - Heidmar Maritime Holdings Corp. is a commercial and pool management business servicing the crude and product tanker market, celebrating its 40th anniversary in 2025 [3] - The company operates in multiple locations including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, aiming to maximize customers' profitability through a "one stop" solution for maritime services [3] Shareholder Meeting - The 2025 Annual Meeting of Shareholders was held in a virtual-only format on December 15, 2025, where shareholders approved the election of two Class I Directors [1] - Niovi Iasemidi and André Lockhorst were re-elected to the board of directors until the 2028 annual meeting of Shareholders [2] Business Model and Strategy - Heidmar's unique business model and extensive experience in the maritime industry allow it to achieve premier market coverage and utilization, providing seamless commercial transportation services [3]
Heidmar Maritime Holdings Corp. Reports Third Quarter 2025 Results
Globenewswire· 2025-11-06 21:05
Core Insights - Heidmar Maritime Holdings Corp. reported significant revenue growth in Q3 2025, with total revenues reaching $15.6 million, a 117% increase from $7.2 million in Q3 2024, primarily driven by an increased number of vessels commencing short-term charters [3][6] - The company achieved a net income of $1.2 million or $0.02 per share for Q3 2025, while the adjusted net income was $1.8 million, excluding $0.7 million in non-cash stock-based compensation [3][6] - For the nine-month period ended September 30, 2025, total revenues were $30.8 million, up from $23.6 million in the same period of 2024, with a net loss of $4.8 million or $0.08 per share [4][6] Financial Performance - Total revenues for Q3 2025 were $15.6 million, compared to $7.2 million in Q3 2024, marking an increase of $8.4 million [3][6] - For the nine months ended September 30, 2025, total revenues were $30.8 million, an increase of $7.2 million from $23.6 million in the same period of 2024 [4][6] - General and administrative expenses for Q3 2025 were $3.1 million, up from $2.7 million in Q3 2024, primarily due to stock-based compensation amortization [3][6] Operational Developments - The company completed the disposal of its loss-making subsidiary, Heidmar Trading DMCC, resulting in a gain of $0.06 million recognized in Q3 2025 [7] - Heidmar expanded its fleet with the addition of a new Suezmax tanker and two LR1 Super Eco newbuild vessels in August and September 2025 [7][9] - The CEO of Heidmar purchased 55,900 shares of the company's common stock in September 2025, reflecting confidence in the company's long-term strategy [7][10] Management Commentary - The CEO highlighted that Q3 2025 represented a strong step forward for Heidmar, with substantial revenue growth and successful execution of strategic priorities [8] - The company is focused on leveraging its integrated maritime platform to build a modern, energy-efficient fleet and drive sustainable value creation for shareholders [11]
Heidmar Maritime Holdings Corp. Continues Expansion of Managed Fleet
Globenewswire· 2025-11-05 12:30
Core Insights - Heidmar Maritime Holdings Corp. is enhancing its market position by adding super-eco vessels to its fleet under management agreements [1][3] - A new super-eco LR2 tanker from a leading Chinese shipyard is set to join Heidmar's fleet in December 2025, complementing a previously announced sister vessel [2] - The addition of these vessels reflects Heidmar's competitive advantage in providing comprehensive services to shipowners, promoting efficiency and streamlined operations [3] Company Overview - Heidmar, celebrating its 40th anniversary, is a commercial and pool management business focused on the crude and product tanker market, with a commitment to safety, performance, and transparency [4] - The company operates in multiple global locations, including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, and aims to maximize profitability for its customers [4] - Heidmar's unique business model and extensive maritime experience enable it to offer a "one stop" solution for all maritime services in the crude oil and refined petroleum products shipping sectors [4]
Heidmar Announces Date for the Third Quarter 2025 Results, Conference Call, and Webcast
Globenewswire· 2025-10-31 20:05
Core Viewpoint - Heidmar Maritime Holdings Corp. will release its third quarter financial results on November 6, 2025, after market close, followed by a conference call on November 7, 2025, at 8:00 A.M. Eastern Time [1] Group 1: Earnings Release Details - The earnings release for the third quarter ended September 30, 2025, is scheduled for November 6, 2025, after market closes [1] - A conference call to discuss the financial results will take place on November 7, 2025, at 8:00 A.M. Eastern Time [1] Group 2: Conference Call Information - Participants should dial in 10 minutes before the scheduled time using specific numbers provided for US and international access [2] - A "call me" option is available for participants to join the conference call more quickly [3] Group 3: Webcast Information - A live and archived audio webcast of the conference call will be available on the Company's website [4] - Participants are advised to register approximately 10 minutes prior to the start of the webcast [4] Group 4: Company Overview - Heidmar is a commercial and pool management business servicing the crude and product tanker market, celebrating its 40th anniversary [5] - The company operates in multiple global locations, including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, and aims to maximize customer profitability [5] - Heidmar offers a "one stop" solution for maritime services in the crude oil and refined petroleum product sectors, leveraging its unique business model and extensive industry experience [5]
Heidmar Maritime Holdings Corp. Expands Crude and Product Tanker Markets With Strategic Additions to Managed Fleet
Globenewswire· 2025-10-23 11:30
Core Insights - Heidmar Maritime Holdings Corp. is enhancing its market position by adding super-eco vessels to its managed fleet, focusing on both crude oil and clean petroleum product markets [1][5] - The company's growth strategy emphasizes energy efficiency, operational excellence, and long-term sustainability [1][5] Fleet Developments - A new Suezmax tanker joined Heidmar's fleet in August 2025, constructed at New Times Shipbuilding Co. [5] - Two LR1 Super Eco newbuild vessels were integrated into the fleet in August and September 2025 from a reputable Chinese shipyard [5] - A super eco LR2 tanker is scheduled to join the fleet under full technical and commercial management in late November 2025 [5] Company Overview - Heidmar, celebrating its 40th anniversary, operates in the crude and product tanker market with a commitment to safety, performance, and transparency [2] - The company has a global presence with operations in Athens, London, Singapore, Chennai, Hong Kong, and Dubai, aiming to maximize customer profitability [2]
Heidmar Maritime Holdings Corp. Update on Common Share Purchases by CEO
Globenewswire· 2025-10-22 11:30
Core Points - Heidmar Maritime Holdings Corp. announced that CEO Pankaj Khanna purchased 55,900 shares of the company's common stock at an average price of $1.30 per share, totaling approximately $72,670 [1][2] - Following the purchase, Mr. Khanna owns 26,302,613 common shares, representing about 45% of the company's outstanding shares [2] - Mr. Khanna's investment aims to demonstrate confidence in Heidmar's long-term strategy and align his interests with those of shareholders [2] Company Overview - Heidmar is a commercial and pool management business servicing the crude and product tanker market, celebrating its 40th anniversary [3] - The company operates in multiple locations including Athens, London, Singapore, Chennai, Hong Kong, and Dubai, focusing on safety, performance, relationships, and transparency [3] - Heidmar aims to provide a "one stop" solution for maritime services in crude oil, refined petroleum products, and dry bulk shipping sectors, leveraging its unique business model and extensive industry experience [3]
Heidmar Maritime Holdings Corp. Reports Second Quarter 2025 Results
Globenewswire· 2025-08-11 20:05
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 ...