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An update from Euroseas ( (ESEA) ) is now available.
On March 18, 2025, Euroseas Ltd. announced the extension of a 3-year charter contract for its intermediate containership, M/V Rena P, at a daily rate of $35,500. This extension is expected to generate approximately $29 million in EBITDA over the minimum contracted period and increase the company’s charter coverage for 2025 and 2026. Additionally, Euroseas completed the spin-off of EuroHoldings Ltd., which will operate independently, focusing on investing in older vessels and exploring maritime opportunities.
More about Euroseas
Euroseas Ltd. is a company that owns and operates container carrier vessels, providing seaborne transportation for containerized cargoes. The company is focused on the shipping industry, specifically dealing with container ships.
YTD Price Performance: 3.40%
Average Trading Volume: 39,368
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $210.3M
For detailed information about ESEA stock, go to TipRanks’ Stock Analysis page.
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