Euroseas Ltd. secured a new time charter for its 2,556 teu feeder containership, M/V EM Corfu, at a gross daily rate of $62,500 for 12 to 14 months, commencing in mid-December 2026 after dry-docking. The company also agreed to sell its sister vessel, M/V Evridiki G, to an unaffiliated third party for approximately $26 million upon completion of her current charter at the end of October. Euroseas expects to record a gain on sale of about $22.5 million, or roughly $3.19 per share. The new charter increases 2027 and 2028 coverage to 91% and 49%, respectively. Euroseas operates in the container shipping market.
