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Tuesday, July 23, 2019

Maritime Logistics Professional

June 28, 2018

Euroseas Sells Bulk Carrier

Euroseas Ltd. (NASDAQ: ESEA) delivered M/V Monica P, a 46,667 dwt drybulk vessel, built in 1998, to its buyer, an unaffiliated third party.  The gross proceeds of this sale were $6.45m. The vessel was held for sale as of March 31, 2018.
Following the sale of M/V Monica P, the Euroseas fleet consists of 10 feeder and one intermediate containership with a total carrying capacity of 25,473 teu making the company the sole US-listed feeder containership company

EuroseasEuroseas Ltd.