Heidmar Maritime Holdings Corp. Common Stock

Heidmar Maritime Holdings Corp. reported second-quarter net income of $2.2 million, or $0.04 per basic share, compared with a net loss of $13.7 million in the prior-year period, as revenue rose sharply and the company expanded its managed fleet. Total revenue reached $29 million for the three months ended June 30, up from $9.6 million a year earlier, while adjusted net income increased to $2.4 million from $0.5 million on a continuing-operations basis. The company added seven vessels during the quarter and 15 in the first half of 2026, and its acquisition of Q-Shipping B.V. added nine vessels, bringing the total to approximately 60 commercially managed vessels. Chief Executive Officer Pankaj Khanna said tanker rates remain supported by geopolitical disruptions around the Strait of Hormuz and Red Sea, and he expects rates to remain high and potentially strengthen during the seasonally stronger fourth and first quarters.