The Latest Breaking News from Euroseas

Euroseas Ltd. (NASDAQ:ESEA) has signed a contract for the construction of three 1,800 teu eco-design fuel-efficient feeder containerships. The total consideration for the construction of the three vessels is ~$102 million and will be financed with a combination of debt and equity. The vessels will be built at Hyundai Mipo Dockyard Co. in…

Euroseas Ltd. (NASDAQ:ESEA) reported fourth-quarter net revenue growth of 218% year-over-year to $38.25 million, beating the consensus of $37.4 million. Adjusted EPS improved to $3.17 from $(0.16) in 4Q20, missing the consensus of $3.23. Total operating expenses increased by 42.2% Y/Y to $14.38 million. Vessel operating expenses amounted to $8.3 million compared to…

  Euroseas (NASDAQ:ESEA) reported its Q4 earnings results on Tuesday, February 15, 2022 at 08:30 AM. Here's what investors need to know about the announcement.

Euroseas Ltd. (NASDAQ:ESEA) entered into a new time charter contract for its 2004 built M/V "EM Astoria," vessel for an average daily rate of about $45,000 for the duration of the charter. The new charter will commence in February 2022. The time charter contract is for a minimum of thirty-six and a maximum…