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Stock impact report

Euroseas Ltd. Announces A Time Charter Contract for its Feeder Containership, M/V EM Hydra, and An Agreement To Sell its 2004-built 2,788 teu Feeder Containership, EM Astoria

Euroseas Ltd. (ESEA) 
Last euroseas ltd. earnings: 2/19 09:05 am Check Earnings Report
US:NASDAQ Investor Relations: euroseas.gr
Company Research Source: GlobeNewswire
ATHENS, Greece, April 18, 2024 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a time charter contract for its 1,740 teu feeder containership, M/V EM Hydra, for a minimum period of ten to a maximum period of twelve months at the option of the charterer, at a gross daily rate of $13,000 in direct continuation of its existing charter. The Company also announced that it has signed a memorandum of agreement to sell M/V EM Astoria, a 2,788 teu feeder containership vessel, built in 2004, for approximately $10 million. The vessel is expected to be delivered to its new owners, an unaffiliated third party, by the end of June 2024. Aristides Pittas, Chairman and CEO of Euroseas commented: “We are pleased to announce that M/V EM Hydra extended its charter in direct continuation of its present charter contract for 10-12 months Show less Read more
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