-+ 0.00%
-+ 0.00%
-+ 0.00%

Euroseas Signs 3-Year Charter Contract Extension For EM Kea For Minimum Period Of 36 To Maximum Period Of 38 Months At $30,000 Gross Daily Rate, Commencing July 14, 2026

Benzinga·04/15/2026 20:09:42
Listen to the news

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 charter contract extension for its 2007-built 3,100 teu feeder containership, EM Kea, for a minimum period of 36 to a maximum period of 38 months, at the charterer's option, at a gross daily rate of $30,000. The new charter period will commence on July 14, 2026, in direct continuation of its present charter, and represents a daily increase of close to 60% over the vessel's current rate.