Euroseas charters M/V EM Corfu and sells sister vessel for $26M

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Go back to Euroseas charters M/V EM Corfu and sells sister vessel for $26M

Euroseas Ltd. Announces a New Time Charter Contract for its 2001-built 2,556 teu Feeder Containership, M/V EM Corfu, and the Sale of its Sister Vessel, M/V Evridiki G

October 19, 2026 9:00 AM EDT

ATHENS, Greece, Oct. 19, 2026 (GLOBE NEWSWIRE) -- 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 a new time charter contract for its 2,556 teu feeder containership, M/V EM Corfu, built in 2001, for a minimum period of 12 to a maximum period of 14 months, at the charterers option, at a gross daily rate of $62,500. The new charter is expected to commence in mid-December 2026, following the completion of the vessels scheduled dry-dock.

The Company also announced that... More