Euroseas has added one feeder containership from its partner Euromar and expects the boxship market to keep improving.

The Greek owner signed a memorandum of agreement with Euromar for the acquisition of the 2,788-teu EM Astoria (built 2004).

Euromar – founded in 2010 – is a joint venture comprising Euroseas and companies managed by Eton Park Capital Management and Rhone Capital.