Euroseas Ltd. Expands Fleet and Boosts Earnings

Euroseas (ESEA) has released an update.

Euroseas Ltd. has secured a lucrative two-year charter for its feeder containership M/V Joanna at $16,500 per day, with operations commencing post-drydock in late October 2024. Additionally, the company’s recent acquisition, M/V Stephania K, has begun a 23-25 month charter at $22,000 per day. Euroseas also reported a profitable sale of M/V EM Astoria, contributing significantly to the company’s earnings since 2017, and has released its 2023 ESG Report detailing sustainability efforts.

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