Euroseas Announces Time Charter Contract For Its Third Fuel Efficient 1,800 teu Feeder Containership Newbuilding, M/V Pepi Star Currently Under Construction, For A Period Of 23-25 Months At The Option Of The Charterer, At A Gross Daily Rate Of $24,250
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Euroseas Ltd. (NASDAQ:ESEA) has announced a time charter contract for its new fuel-efficient 1,800 teu feeder containership, M/V Pepi Star, for 23-25 months at a daily rate of $24,250. The vessel is expected to be delivered on July 19, 2024.
June 18, 2024 | 8:06 pm
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Euroseas Ltd. has secured a time charter contract for its new fuel-efficient 1,800 teu feeder containership, M/V Pepi Star, for 23-25 months at a daily rate of $24,250. The vessel is expected to be delivered on July 19, 2024.
The new time charter contract at a favorable daily rate of $24,250 for a period of 23-25 months is likely to positively impact Euroseas Ltd.'s revenue and profitability. The delivery of the vessel in July 2024 will add to the company's operational capacity, enhancing its service offerings.
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