Euroseas Announces 18-Month Charter Contract For Its Feeder Containership, EM Spetses, At A Gross Daily Rate Of $18,100

7/23/24 4:11:08 PM ET

Marine Transportation

Consumer Discretionary

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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 contract for its 1,740 feeder containership, EM Spetses, for a minimum period of 18 to a maximum period of 20 months at the option of the charterer, at a gross daily rate of $18,100. The charter for EM Spetses will commence in early August 2024, upon the completion of its current charter.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
9/9/2024	$60.00	Buy	Alliance Global Partners
12/31/2021	$48.00 → $50.00	Buy	Maxim Group
6/25/2021	$28.00 → $38.00	Buy	Maxim Group

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Euroseas Ltd. Announces 3-year Charter Contracts for Three Eco 2,800 teu Feeder Containership Newbuildings, M/V Tender Soul, M/V Dear Panel and M/V Symeon P
ATHENS, Greece, Oct. 21, 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 new time charter contracts for three fuel efficient 2,800 teu feeder containerships. All three charters are for a minimum period of 34 months and a maximum period of 36 months at the option of the charter at a gross rate of $32,000 per day. Specifically: M/V Tender Soul, which was delivered earlier this year, will commence its charter after the completion of her present charter in early December 2024. M/V Dear Panel and M/V Symeo
10/21/24 4:05:00 PM ET
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Euroseas Ltd. Announces 1-year Charter Contract for its Feeder Containership, M/V Jonathan P
ATHENS, Greece, Oct. 07, 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 time charter contract for its 1,732 teu feeder containership, M/V Jonathan P, for a minimum period of 11 to a maximum period of 13 months at the option of the charterer, at a gross daily rate of $20,000. The new charter will commence after the completion of her scheduled intermediate survey, expected around mid-to-end of October 2024. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are pleased to announce that our 18-year-old M/V Jon
10/7/24 9:20:00 AM ET
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Euroseas Ltd. Announces 3-year Charter Contract for its Intermediate Containership, M/V Synergy Busan
ATHENS, Greece, Sept. 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 time charter contract for its 4,250 teu intermediate containership, M/V Synergy Busan, for a minimum period of 36 to a maximum period of 38 months at the option of the charterer, at a gross daily rate of $35,500. The new charter will commence in early December 2024, in direct continuation of its existing charter. Aristides Pittas, Chairman and CEO of Euroseas commented: "We are very pleased to announce that M/V Synergy Busan has extended its char
9/23/24 4:21:39 PM ET
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Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2024
ATHENS, Greece, Aug. 06, 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 its results for the three- and six-month periods ended June 30, 2024. Second Quarter 2024 Financial Highlights: Total net revenues of $58.7 million. Net income of $40.7 million or $5.89 and $5.84 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $34.3 million or $4.95 and $4.92 per share basic and diluted. Adjusted EBITDA1 was $42.3 million.An average of 21.26 vessels were owned and operated during the seco
8/6/24 8:54:34 AM ET
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Marine Transportation
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Euroseas Ltd. Sets Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast
ATHENS, Greece, July 31, 2024 (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 30, 2024, on August 6, 2024 before market opens in New York. Later on, the same day, Tuesday, August 6, 2024 at 10:00 a.m. Eastern Time, the Company's management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 6
7/31/24 9:10:00 AM ET
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Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2024 and Declares Quarterly Common Stock Dividend
ATHENS, Greece, May 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 its results for the three-month period ended March 31, 2024 and declared a common stock dividend. First Quarter 2024 Financial Highlights: Total net revenues of $46.7 million. Net income of $20.0 million or $2.89 and $2.87 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $18.5 million or $2.67 and $2.66 per share basic and diluted. Adjusted EBITDA1 was $24.6 million. An average of 19.6 vessels were owned an
5/23/24 8:42:22 AM ET
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Marine Transportation
Consumer Discretionary

Euroseas Announces 18-Month Charter Contract For Its Feeder Containership, EM Spetses, At A Gross Daily Rate Of $18,100

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Recent Analyst Ratings for
$ESEA

$ESEA
Press Releases

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Euroseas Ltd. Announces 3-year Charter Contracts for Three Eco 2,800 teu Feeder Containership Newbuildings, M/V Tender Soul, M/V Dear Panel and M/V Symeon P

Euroseas Ltd. Announces 1-year Charter Contract for its Feeder Containership, M/V Jonathan P

Euroseas Ltd. Announces 3-year Charter Contract for its Intermediate Containership, M/V Synergy Busan

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Euroseas Ltd. Reports Results for the Six-Month Period and Quarter Ended June 30, 2024

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Euroseas Ltd. Reports Results for the Quarter Ended March 31, 2024 and Declares Quarterly Common Stock Dividend

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