Euroseas (ESEA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Euroseas Ltd. has announced the extension of charter contracts for two of its feeder containerships, EM Corfu and Evridiki G, securing lucrative daily rates of $28,000 and $29,500, respectively. These contracts, which span up to 20 months, are set to significantly boost the company’s earnings, contributing around $20 million to EBITDA and enhancing its charter coverage for 2025 and 2026.
For further insights into ESEA stock, check out TipRanks’ Stock Analysis page.