Euroseas Ltd. Announces 2-year Charter Contract Extension for its Feeder Containership, M/V EM Hydra
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Euroseas Ltd. has announced a 2-year charter contract extension for its feeder containership, M/V EM Hydra, at a daily rate of $19,000. The new charter will begin on May 1, 2025.
February 11, 2025 | 2:30 pm
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Euroseas Ltd. has secured a 2-year charter extension for its vessel M/V EM Hydra at a favorable daily rate, which is likely to provide stable revenue and enhance financial visibility.
The extension of the charter contract for M/V EM Hydra at a competitive rate ensures continued revenue for Euroseas Ltd. This stability is positive for the company's financial outlook, likely leading to a short-term positive impact on the stock price.
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