Euroseas, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced the following chartering arrangements for two of its container carriers:
- EM Athens, a 2,506 teu 2000-built vessel, entered into a charter for about a year period at a gross daily rate of $10,400, and,
- Manolis P, a 1,452 teu 1995-built vessel, extended its current charter contract for about a year at a gross daily rate of $9,500
The new charters will commence on April 9 for the EM Athens and April 7 for the Manolis. Euroseas typically announces charter arrangements of a year or longer duration.
Aristides Pittas, Chairman and CEO of Euroseas, commented: “We are very pleased to announce the new charter and the extension of another for one more year for two of our containerships. These charters are roughly 30% higher than what the ships earned prior and is a clear sign that the sector is recovering. We have positioned our container fleet to take advantage of this anticipated rising market and, currently, have 6 more vessels that come up for renewal of their charters within the following 3 months. We remain optimistic for the containership market prospects and are actively seeking to grow the company and enhance shareholder value.”