Nasdaq-listed United Maritime Corp has pledged to pump more money into vessel buys after revealing its debut quarterly results.

The Greek shipowner began operations with a capesize bulker in July after being spun off from Seanergy Maritime.

The company then spent $79.5m on a tanker quartet acquired from Indonesia’s Buana Lintas.

In October, United Maritime turned a swift profit from the sale of two of these, the 113,500-dwt aframaxes Bluesea and Parosea (both built 2006).