Euroseas (ESEA) has released an update.
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Euroseas Ltd. has announced the extension of charter contracts for two of its feeder containerships, EM Corfu and Evridiki G, securing lucrative daily rates of $28,000 and $29,500, respectively. These contracts, which span up to 20 months, are set to significantly boost the company’s earnings, contributing around $20 million to EBITDA and enhancing its charter coverage for 2025 and 2026.
For further insights into ESEA stock, check out TipRanks’ Stock Analysis page.
