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Euroseas agreed to acquire two 4,250 teu container vessels for a combined price of $37 million. The acquisitions increase ESEA's fleet to 18 vessels with 54,621 teu with an additional 7 newbuildings and 16,600 teu to be delivered in 2023-24. The price per teu is in line with recent prices, whi...
Euroseas (NASDAQ:ESEA) has agreed to buy two 4,250 teu container vessels for a combined price of $37M. The purchase will be initially funds with the company’s own funds. Euroseas will also assume the existing charter arrangements of the vessels. M/V Seaspan Manila and M/V Seaspan Melbo...
ATHENS, Greece, May 03, 2022 (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 that it has agreed to acquire...
The supply and demand perspective for Container shipping remains mixed. However, the market is not adequately discounting the diverging business risks of Lessors and Liners. Container Lessors remain undervalued, regarding their Free Cash Flow potential. I prefer mainly investi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Petrobras ( PBR ) — Its low breakeven and consistent earnings displays could see it re-ignite its previous growth. Euroseas ( ESEA ) — Global dry bulk restructuring could see its vessels be in h...
The Baltic Exchange's dry bulk sea freight index fell for the eighth straight session on Monday, with lower dayrates across all vessel segments. The Baltic Dry Index (BDIY:IND) closed -2.1% to 2,307 points, with the capesize index -3.7% to 1,796, the panamax index -1.9% to 3,015, and the supr...
Gainers: Antelope Enterprise (AEHL) +14%, Performant Financial (PFMT) +8%, ZIM Integrated Shipping Services (ZIM) +7%, Coda Octopus Group (CODA) +7%, Euroseas (ESEA) +7%. Losers: View (VIEW) -27%, Chart Industries GTLS -14%, Energy Services of America (ESOA) -11%, Greenland Tec...
Three new build Feeders added to fleet renewal program. Three Eco design 1,800 TEU Feeders will be built at Hyundai Mipo in South Korea for ~$102 million, or ~$34 million each, with deliveries are slated for 1H2024. The new build program expands to ~$264 million for seven Feeders. We view this...
Euroseas (ESEA) signs a contract for the construction of three 1,800 teu eco-design fuel efficient feeder containerships. The vessels will be built at Hyundai Mipo Dockyard Co. in Korea and are scheduled to be delivered during H1 2024, one in the Q1 and two in the Q2 of the yea...
ATHENS, Greece, March 21, 2022 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today that it has signed a contract for the construction of three 1,800 teu eco-design fuel...
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ATHENS, Greece, July 23, 2024 (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 a new time charter contrac...
ATHENS, Greece, July 08, 2024 (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 a new time charter contrac...
Euroseas Ltd. (NASDAQ: ESEA) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 6.51% on the day to $40.75. Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships ...