Euroseas Secures Work for Two Containerships

ContainersIllustration; Image Courtesy: Port of Rotterdam

Greece-based ship owner and operator Euroseas has secured work for two of its container vessels, namely the EM Athens and the Manolis P.

The 2,506 TEU vessel EM Athens, which is scheduled to start working on April 9, would be hired at a gross daily rate of USD 10,400.

The charter extension deal for Euroseas’ 1,452 TEU Manolis P would see the 1995-built boxship earn a gross daily rate of USD 9,500 starting from April 7.

Both units were hired for periods of about a year.

Euroseas informed that these charters are roughly 30% higher than what the ships earned prior and are “a clear sign that the sector is recovering”.

“We have positioned our container fleet to take advantage of this anticipated rising market and, currently, have 6 more vessels that come up for renewal of their charters within the following 3 months,” Aristides Pittas, Chairman and CEO, of Euroseas, said.

“We remain optimistic for the containership market prospects and are actively seeking to grow the company and enhance shareholder value,” Pittas added.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >

MARITIME INDUSTRY 2020

The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >