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Heidmar Maritime Holdings Corp. (NASDAQ: HMR) announced that its senior leadership team will ring the Nasdaq Stock Market Closing Bell at the Nasdaq MarketSite in Times Square, New York on April 2nd, 2025. CEO Pankaj Khanna expressed honor in participating in the ceremony, highlighting the company's strategic progress and renewed momentum across their platform. The ceremony will be broadcast live starting at approximately 3:50 PM ET and can be viewed on Nasdaq's website.
Heidmar Maritime Holdings (NASDAQ: HMR) has announced its expansion into commercial management services for the offshore sector. The company has secured a five-year contract to provide a platform supply vessel (PSV) and crew for supply tours in the North Sea, with three one-year extension options available.
This strategic move marks Heidmar's entry into the offshore supply vessel sector, broadening its fee-based services portfolio. CEO Pankaj Khanna highlighted that this expansion aligns with the company's business model of providing diverse commercial services to the maritime cluster.
Heidmar Maritime Holdings Corp. (NASDAQ: HMR) has completed its business combination with MGO Global, Inc. Founded in 1984, Heidmar is a global tanker pool, commercial and technical management company headquartered in Greece, with subsidiaries across multiple countries.
The company currently manages a fleet of 44 vessels with approximately 6.5 million dwt capacity, and technically manages 4 vessels. Their services include commercial management, technical management, asset acquisition, and corporate management. For H1 2024, Heidmar reported unaudited revenues of $16.4 million and net income of $1.9 million.
Following the merger, Heidmar has 57,102,585 shares outstanding, with insiders owning 92% under a four-month lock-up period. The company aims to expand through organic growth and M&A opportunities, focusing on industry consolidation and decarbonization trends.