Euroseas said it ordered two container ships in China as the New York-listed company reported earnings that beat all bets on Wall Street.
The Athens-based shipowner said it struck a deal with Jiangsu Yangzi Xinfu Shipbuilding for the newbuildings, which will be delivered in the fourth quarter of 2027.
Euroseas will pay the yard, part of Yangzijiang Shipbuilding, $60m for each of the 4,300-teu vessels, which it described as fuel efficient.