Nasdaq-listed Euroseas is banking a loan from its CEO Aristides Pittas to retrofit a boxship ahead of a new charter.
The 5,600-teu Akinada Bridge (built 2001) has been fixed to an unnamed client for between 10 and 13 months at $16,500 per day.
The deal starts when it has completed a dry docking for a special survey and installation of a water ballast treatment (BWT) plant at a total cost of about $2.5m.
