Nasdaq-listed Euroseas is focusing on liquidity management as depressed markets led the company to lay up one containership.
The bulker and boxship owner reported a net loss of $4.6m in the third quarter, against red ink of $1.4m a year earlier.
Its revenue was down by 36% at $7.2m on the back of a time charter equivalent (TCE) of $7,737 per day.
Aristides
