Euroseas Secures Three-Year Charters for Three 2,800 TEU Containerships

Reuters12-10

Euroseas Secures Three-Year Charters for Three 2,800 TEU Containerships

Euroseas Ltd. announced that it has secured new charter contracts for three of its modern, South Korea-built, 2,800 TEU feeder containerships-M/V Leonidas Z, M/V Gregos, and M/V Terataki. The vessels have been chartered to a top-tier charterer for a period of 35 to 37 months at a gross daily rate of $30,000. The new charter periods are scheduled to commence directly after the redelivery of their current charters during the first, second, and third quarters of 2026. The company stated that these contracts are expected to generate approximately $75 million in EBITDA over the minimum contracted period and will increase Euroseas Ltd.'s charter coverage for the years 2026, 2027, and 2028 to approximately 82.5%, 66.5%, and 42%, respectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Euroseas Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9599625) on December 09, 2025, and is solely responsible for the information contained therein.

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ID: 9599625) on December 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251209:nNDL6QMtPQ:1","article_id":"2590321478","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2590321478","pubTimestamp":1765314332,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Euroseas Ltd. announced that it has secured new charter contracts for three of its modern, South Korea-built, 2,800 TEU feeder containerships-M/V Leonidas Z, M/V Gregos, and M/V Terataki. 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