Euroseas has locked in two of its feeder container ships at significantly improved rates, potentially paving the way for shareholder payouts.
The New York-listed, Greece-based shipowner announced on Tuesday that the 2,556-teu Evridiki G and EM Corfu (both built 2011) have been fixed at $40,000 per day each for at least three years starting in February 2022.
Those rates are a significant improvement over their last fixtures and suggest a stronger...