Euroseas trebles its money on three-year charter for feeder ship

Greek owner Euroseas has re-fixed one of its large feeder container ships at a massively improved rate over three years.

The Nasdaq-listed company said the 2,788-teu EM Astoria (built 2004) has been fixed for between 36 and 38 months at $65,000 per day over the first year.

MPCC says market not softening as it reveals $61,000 term charter

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This will fall to $50,000 per day in the second 12 months and $20,000 per day for the rest of the term.