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2 stories mentioning ESEAUpdated 64d ago

Every FINWIRES story that references ESEA, newest first.

Wire

Euroseas Signs Charter Contract Extensions for Two Feeder Containerships

Euroseas (ESEA) said Tuesday it has signed charter contract extensions for its feeder containerships, M/V Stephania K and M/V Pepi Star, for a period between 24 to 26 months, at a gross daily rate of $25,500.The new charter periods will begin on July 28 and August 19, respectively, in direct continuation of the present charter contracts, Euroseas said.Price: $66.73, Change: $+1.52, Percent Change: +2.33%

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Wire

Euroseas Extends EM Kea Charter for Three Years at Higher Daily Rate

Euroseas (ESEA) extended a charter contract for its feeder containership EM Kea by three years at a gross daily rate of $30,000.The charter is set to begin on July 14 and reflects nearly a 60% increase over the vessel's current rate, the company said Wednesday in a statement.Euroseas expects the charter to generate about $22.5 million in EBITDA over the minimum contracted period.The company's shares fell 2% in after-hours trading.

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