ESEA News and Press, Euroseas Ltd. From 09/20/22

Summary Small, Greece-based dry bulk shipper is trading at an eye-catching discount to net asset value ("NAV"). Market environment has weakened in recent month due to a lack of Chinese demand, recession fears and rapidly easing port congestion. Ongoing strength in the second-h...

NEW YORK, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Senior executives from leading publicly listed Dry Bulk and Container shipping companies will discuss the trends, developments and outlook of the global commodities and shipping markets. The panels will take place at Capital Link’s 14th An...

NEW YORK, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Senior executives from leading publicly listed Dry Bulk and Container shipping companies will discuss the trends, developments and outlook of the global commodities and shipping markets. The panels will take place at Capital Link’s 14th An...

EuroDry is a dry bulk ship owner and renter with a small 11 ship fleet. The company has seen its stock price soar after the explosion in cargo rates after 2021. In a recent article I issued a hold rate for EuroDry's sister Eurosea, owner of container ships. However I believe E...

Industry charter rates are still on the higher end of the spectrum, driving the containership industry upwards. Euroseas has reported a substantial YoY revenue increment of 165% in the second quarter of 2022 on the back of high charter rates. The company is expanding its vessel fl...

Solid top-line growth. Euroseas reported 2022-2Q net revenues of $48.5 million up 165% over the same period last year and modestly ahead of our $44.8 million estimate. Higher results reflect vessel additions (1,487 voyage days versus 1,273) and higher shipping rates (TCE of $33,714 versus $14,...

Euroseas Ltd (ESEA) Q2 2022 Earnings Conference Call August 11, 2022 09:00 AM ET Company Participants Aristides Pittas - Chairman and CEO Tasos Aslidis - CFO Conference Call Participants Tate Sullivan - Maxim Group Poe Fratt - Alliance Global Partners...

The following slide deck was published by Euroseas Ltd. in conjunction with their 2022 Q2 earnings call. For further details see: Euroseas Ltd. 2022 Q2 - Results - Earnings Call Presentation

Euroseas is a small player in the feeder containership industry. The containership industry has suffered from overcapacity and floor low prices for over a decade until COVID made prices explode. During the past decade, ESEA did not stop losing money. Now the company is making mill...

Euroseas ( NASDAQ: ESEA ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 7.49% Payable Sept. 16; for shareholders of record Sept. 9; ex-div Sept. 8. See ESEA Dividend Scorecard, Yield Chart, & Dividend Growth. For f...