Euroseas has set its sights on fleet expansion after becoming the only listed pure-play feeder boxship owner since spinning off its bulkers into EuroDry last year.

The New York-listed owner a year ago placed all six dry bulk ships into the new company, which now has four panamaxes, two kamsarmaxes and an ultramax.

"On the investment front, we have strategically positioned Euroseas as the only publicly listed feeder containership company," chief executive Aristides Pittas said.