ESEA News and Press, Euroseas Ltd. From 08/13/21

Tight supply and higher container rates are positives for upcoming charters. Based on Contex indices, rates have continued to move up in 3Q2021 and term charters remain common. Our current EBITDA estimates assume that the Corfu/Evridiki/Astoria/Aegean Express feeders will soon secure longer te...

ATHENS, Greece, Aug. 11, 2021 (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 its results for the thr...

Adjusted 2Q2021 EBITDA of $10.5 million in line with expectations after adjusting for claim award on a failed 1Q2020 sale of the Manolis P. Call with management today at 9am EST—number is (877) 553-9962 and code is Euroseas. TCE revenue of $18.8 million increased from $14.7 million in 1...

ATHENS, Greece, Aug. 11, 2021 (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 its results for the ...

ATHENS, Greece, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the second quarter ended June ...

Value Investor's Edge Live continues with this latest episode focused on the small-sized containership segment of the shipping industry. MPC Containers is one of the largest publicly-traded containership companies by vessel count and they have recently expanded their fleet. MPCC i...

Spetses feeder secures term charter at higher TCE rate. After the market closed yesterday, a new charter on the Spetses, a 2007-built 1,740 TEU feeder, was announced. The charter runs through August 2024 (a minimum of 36 months and maximum of 40 months) at a TCE rate of $29.5k/day. No change t...

ATHENS, Greece, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for...

ATHENS, Greece, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract ...

Another positive reset on the Oakland intermediate. Yesterday morning, the fleet employment table was updated on the web site to show that the TCE rate on the Oakland had moved up to $64.7k/day over the weekend versus the last reset of $38.0k/day in April. The reset is the last one under a cha...