Euroseas announced it has entered into a time charter contract for M/V LEONIDAS Z, a newbuilding fuel efficient 2,800 teu feeder containership currently under construction, for a minimum period of 23 to a maximum period of 25 months at the option of the charterer, at a gross daily rate of $20,000. The new charter will commence upon delivery of the vessel from the shipyard expected around the end of April or beginning of May.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ESEA:
- Euroseas Ltd. Announces Two-Year Time Charter Contract for its Fuel Efficient 2,800 teu Feeder Containership Newbuilding, M/V Leonidas Z, Commencing upon its Delivery
- Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2023 and increases dividend by 20% to $0.60 per share
- Euroseas reports Q4 adjusted EPS $3.61 vs $3.56 last year
- ESEA Upcoming Earnings Report: What to Expect?
- Euroseas Ltd. Sets Date for the Release of Fourth Quarter 2023 Results, Conference Call and Webcast