Nasdaq-listed Greek shipowner and operator Euroseas (ESEA) reported a profit of $3.8 million in Q1 2021. Aristides Pittas-led Euroseas (ESEA) reported revenue of $14.3 million in Q1 2021. Euroseas (ESEA) reported a TCE (Time Charter Equivalent) of $12,134 per day per ship in Q1 2021. Euroseas (ESEA) reported operating of $10.3 million. In Q1 2021, the containership markets have continued the upward trend and surpassed their previous peak of 2008, Euroseas (ESEA) benefited from a robust market. Euroseas (ESEA) assume that the promising market fundamentals will continue over the remainder of 2021 and 2022. Currently, Nasdaq-listed Greek shipowner and operator Euroseas (ESEA) manages 14 ships. 23-May-2021
US-listed shipowner and operator Euroseas sold 1998 built handymax dry bulk carrier 46K DWT MV Monica P for $6.45 million for further trading. MV Monica P was the oldest ship in the fleet of Aristides Pittas-led shipowner and operator Euroseas. MV Monica P will be replaced by kamsarmax newbuilding MV Ekaterini in May 218. Euroseas has a mixed fleet of 11 container ships and 6 dry bulk carriers. 11-April-2018
Nasdaq-listed Greek shipowner and operator Euroseas bought delayed 82K kamsarmax dry bulk carrier from Chinese shipyard Jiangsu Yangzijiang Shipbuilding Co at 10% reduced price for $22.5 million. Euroseas led by Aristides Pittas found this investment very attractive and instead of terminating the contract Euroseas proceed with the new building of sistership kamsarmax 2016 built M/V Xenia. Nasdaq-listed Greek shipowner and operator Euroseas posted a $17.6 million loss in Q4 2016 and has been active in the sale & purchase (S&P) lately. 20-March-2017