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2 stories mentioning ESEA

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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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