Heidmar Maritime Holdings acquires its first vessel and establishes foothold in container shipping

Heidmar Maritime Holdings announced its first vessel acquisition, making it a strategic milestone in the Company’s project development and growth strategy.

Heidmar has entered into an agreement to acquire C/V A. Obelix, a 1,702 TEU cellular/gearless feeder container vessel, built in 2008 at Wadan/Aker Yards, Wismar Germany. C/V A. Obelix is classed by Lloyd’s Register and has been strengthened for Ice Class II operations. The vessel is powered by a two-stroke main engine and is equipped with a bow thruster, allowing for a high degree of maneuverability and independence in port operations, and a high-capacity 330-plug reefer system. The vessel’s next drydock is scheduled for 2028 allowing for three clear years of operations with no projected upfront maintenance expense.

C/V A. Obelix will come with an approximate 2.5-year time charter to a leading operator and is expected to generate a total aggregate EBITDA of approximately USD 17 – 20 million over the period of the charter depending on the trade of the vessel, though actual results may vary (see “Forward Looking Statements” below). Delivery is expected between August and September 2025. The purchase is supported by seller and debt financing and is subject to customary closing conditions.

Under Heidmar’s capital-efficient co-investment strategy and project development model, the Company intends to partner with investors, arranging the acquisition of assets in which both Heidmar and its partners co-invest. In these transactions, investors will acquire and hold an equity stake in the vessel-owning company, while Heidmar provides full commercial and technical management, thereby expanding its revenue opportunities beyond its core areas of commercial and technical management. We are working with some potential joint venture partners for this vessel and others in the future.

Heidmar is acquiring its interest in the vessel from a related party at an aggregate purchase price of $25.25 million. The security of the charter revenue and the end-of-life recycling price are expected to effectively cover the cost of the acquisition in case of the high EBITDA scenario.

This initial 1,702 TEU feeder vessel establishes a foothold; additional opportunities will be evaluated case-by-case, specifically in the feeder segment, an essential and undersupplied part of the sector that serves as a workhorse of the global container trade. With dispersion in manufacturing as a result of tariffs applied by the U.S. administration and also the application of higher port dues in the U.S. for Chinese built, owned or operated ships, the feeder container sector is projected to see strong demand. With a low orderbook of just 4% and aging fleet (15-years average age), the feeder segment remains structurally undersupplied, supporting resilient charter rates and long-term earnings visibility. This acquisition expands Heidmar’s footprint beyond its traditional tanker and dry bulk platform, and taps into a high-potential, underserved market.

Pankaj Khanna, Chief Executive Officer of Heidmar, commented:

“This marks an important milestone for Heidmar as we continue to broaden our platform and offer investors direct exposure to high-return shipping projects. The feeder container segment offers strong fundamentals with limited fleet growth and high charter visibility, offering an annualized cash-on-cash return of close to 30%. We’re excited to execute our first acquisition in this space, financed with seller credit and third-party debt arranged on competitive terms, and look forward to building further momentum within the second half of the year.

This transaction is the Company’s first vessel acquisition since becoming a public company and underscores our ability to source and execute high-return, differentiated opportunities, while continuing to scale its commercial and technical management platform.”