Reports Q4 revenue $49.06M, consensus $49.57M. Aristides Pittas, Chairman and CEO of Euroseas commented: “Containership markets have staged an unexpected comeback over the last two months or so with one year charter rates increasing by approximately 35% from the lowest levels reached in December 2023. This recovery appears to be primarily due to the disturbances of the trade pattern by the attacks on vessels in the Red Sea resulting in longer travel routes as vessels avoid the Red Sea and Suez Canal.”
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