ESEA - Euroseas to sell intermediate container ship for $14.2M
- Euroseas ( NASDAQ: ESEA ) said Thursday it will sell M/V Akinada Bridge , a 5,610 teu intermediate container ship built in 2001, for $14.2M.
- The vessel will be delivered to the buyers early next month.
- SA contributor Nikolaos Sismanis believes Euroseas' ( ESEA ) 10.3% dividend yield and the stock's 65% discount to NAV offer deep margin of safety .
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Euroseas to sell intermediate container ship for $14.2M