Form 6-K EUROSEAS LTD. For: May 26

May 26, 2026 4:41 PM EDT




UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 6-K


REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934


For the month of May 2026

Commission File Number: 001-33283

 

EUROSEAS LTD.

(Translation of registrant’s name into English)

 

4 Messogiou & Evropis Street

151 24 Maroussi, Greece

(Address of principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.


Form 20-F [X] Form 40-F [ ]










INFORMATION CONTAINED IN THIS FORM 6-K REPORT


Attached to this Report on Form 6-K as Exhibit 1 is a copy of the press release issued by Euroseas Ltd. (the “Company”) on May 26, 2026: Euroseas Ltd. Announces 2-Year Charter Contract Extensions for its Modern 1,800 teu Feeder Containerships, M/V Stephania K and M/V Pepi Star.


This Report on Form 6-K (which includes Exhibit 1), excluding the commentary by Chief Executive Officer Aristides Pittas, is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No. 333-268708) filed with the U.S. Securities and Exchange Commission (the “Commission”) on December 7, 2022.












SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 

 

 

 

 

EUROSEAS LTD.

 

 

 

 

 

 

 

Dated: May 26, 2026

By:

/s/ Aristides J. Pittas

 

 

Name:

Aristides J. Pittas

 

 

Title:

President

 















Exhibit 1

[f052626esea6k002.gif]


Euroseas Ltd. Announces 2-Year Charter Contract Extensions for its Modern 1,800 teu Feeder Containerships, M/V Stephania K and M/V Pepi Star



Maroussi, Athens, Greece – May 26, 2026 – Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today charter contract extensions for its 2024-built 1,800 teu feeder containerships, M/V Stephania K and M/V Pepi Star, for a minimum period of 24 to a maximum period of 26 months, at the option of the charterer, at a gross daily rate of $25,500. The new charter periods will commence on July 28, 2026 and August 19, 2026, respectively, in direct continuation of the present charter contracts.   


Aristides Pittas, Chairman and CEO of Euroseas commented: “We are very pleased to announce that we have extended the time charter contracts for our Hyundai-built sister vessels, M/V Stephania K and M/V Pepi Star with a top-tier charterer, in direct continuation of their present charters, for 24-26 months at a profitable rate of $25,500/day. This fixture demonstrates the continued demand for tonnage and the underlying strength of the containership charter market. The strong rate also reflects the premium that modern, fuel-efficient tonnage can command – especially in the current geopolitical environment, where the disruption of oil flows through the Strait of Hormuz has tightened global bunker fuel availability and driven prices higher, making eco-vessels increasingly attractive to charterers. The charters are expected to generate approximately $27 million of EBITDA over the minimum contracted period of both vessels and increase our charter coverage for 2026, 2027, and 2028 to about 96%, 86% and 48% respectively.”









Fleet Profile:

The Euroseas Ltd. fleet profile is currently as follows:


Name

Type

Dwt

TEU

Year Built

Employment (*)

TCE Rate ($/day)

Container Carriers

 

 

 

 

 

 

SYNERGY BUSAN(*)

Intermediate

50,727

4,253

2009

TC until Dec-27

$35,500

SYNERGY ANTWERP(*)

Intermediate

50,727

4,253

2008

TC until May-28

$35,500

SYNERGY OAKLAND(*)

Intermediate

50,788

4,253

2009

TC until Mar-2029

$33,500

SYNERGY KEELUNG(*)

Intermediate

50,697

4,253

2009

TC until Jun-28

$35,500

EMMANUEL P(*)

Intermediate

50,796

4,250

2005

TC until Sep-28

$38,000

RENA P(*)

Intermediate

50,765

4,250

2007

TC until Aug-28

$35,500

EM KEA(*)

Feeder

42,165

3,100

2007

TC until Jul-26

then until Jun-29

$19,000

$30,000

GREGOS(*)

Feeder

38,733

2,800

2023

TC until Mar-29

$30,000

TERATAKI(*)

Feeder

38,733

2,800

2023

TC until Jul-26

then until Jun-29

$48,000

$30,000

TENDER SOUL(*)

Feeder

38,733

2,800

2024

TC until Oct-27

$32,000

LEONIDAS Z (*)

Feeder

38,733

2,800

2024

TC until Apr-29

$30,000

DEAR PANEL

Feeder

38,733

2,800

2025

TC until Nov-27

$32,000

SYMEON P

Feeder

38,733

2,800

2025

TC until Nov-27

$32,000

EVRIDIKI G(+)

Feeder

34,654

2,556

2001

TC until Jun-26

$29,500

EM CORFU(*)

Feeder

34,649

2,556

2001

TC until Aug-26

$28,000

STEPHANIA K(+)(*)

Feeder

22,563

1,800

2024

TC until Jul-26

then until Jun-28

$22,000

$25,500

MONICA(*)

Feeder

22,563

1,800

2024

TC until May-27

$23,500

PEPI STAR(+)(*)

Feeder

22,563

1,800

2024

TC until Aug-26

then until Jul-28

$24,250

$25,500

EM SPETSES(+)(*)

Feeder

23,224

1,740

2007

TC until Feb-28

$21,500

JONATHAN P(*)

Feeder

23,732

1,740

2006

TC until Oct-26

$25,000

EM HYDRA(*)

Feeder

23,351

1,740

2005

TC until May-27

$19,000

Total Container Carriers on the Water

21

786,362

61,144

 

 

 


Vessels under construction

Type

Dwt

TEU

To be delivered

Employment

TCE Rate ($/day)

ELENA (YZJ-1711) (**)

Intermediate

56,266

4,484

Q3 2027

TC until Jun-31

$35,500

NIKITAS G (YZJ-1712) (**)

Intermediate

56,266

4,484

Q4 2027

TC until Sep-31

$35,500

THRYLOS(YZJ-1768) (**)(***)

Intermediate

56,266

4,484

Q1 2028

TC until Feb-32

$35,500

SOCRATES CH (YZJ-1769) (**)

Intermediate

56,266

4,484

Q2 2028

TC until Apr-32

$35,500

DANAI (HCY- 438)

Feeder

35,100

2,798

Q2 2028

 

 

NENI (HCY- 439)

Feeder

35,100

2,798

Q3 2028

 

 

SPYROS CH (S-1170)

Feeder

23,850

1,781

Q2 2028

 

 

GAVROS (S-1171)

Feeder

23,850

1,781

Q3 2028

 

 

TONIS M (HCY – 440)

Feeder

35,100

2,798

Q4 2028

 

 

SWEET EVELINA (HCY-441)

Feeder

35,100

2,798

Q1 2029

 

 

Total under construction

10

413,164

32,690

 

 

 

Notes:  

(*)

TC denotes time charter. Charter duration indicates the earliest redelivery date; all dates listed are the earliest redelivery dates under each TC unless the contract rate is lower than the current market rate in which cases the latest redelivery date is assumed; vessels with the latest redelivery date shown are marked by (+).

(**)

Charterer has the option to convert to a five-year charter at $32,500/day for the entire period.

(***)

The entity owning the vessel is 51% owned by Euroseas Ltd. and 49% by NRP Investors.


About Euroseas Ltd.


Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 150 years. Euroseas trades on the NASDAQ Capital Market under the ticker ESEA. 


Euroseas operates in the container shipping market. Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements. 


The Company has a fleet of 21 vessels, including 15 Feeder containerships and 6 Intermediate containerships with a cargo capacity of 61,144 teu. After the delivery of four intermediate and six feeder containership newbuildings between 2027 and 2029, Euroseas’ fleet will consist of 31 vessels with a total carrying capacity of 93,834 teu.



Forward Looking Statement


This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to changes in the demand for containerships, competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. 


Visit our website www.euroseas.gr


Company Contact

Investor Relations / Financial Media

Tasos Aslidis

Chief Financial Officer

Euroseas Ltd.

11 Canterbury Lane,

Watchung, NJ 07069

Tel. (908) 301-9091

E-mail: [email protected]

Nicolas Bornozis

Markella Kara

Capital Link, Inc.

230 Park Avenue, Suite 1540

New York, NY 10169

Tel. (212) 661-7566

E-mail: [email protected]









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