The Greek Euroseas, which owns a fleet of 23 container ship with a total capacity of 67 thousand TEUs and has four more ships under construction, has ordered the shipyard Chinese Jiangsu Yangzi Xinfu Shipbuilding Co. Two units with a capacity of 4,300 TEUs that will be taken delivery in the fourth quarter of 2027. The saleswoman has a total value of about 60 million dollars.

Meanwhile, Euroseas closed the third quarter of 2024 with revenues from the rental of its fleet equal to 55.4 million dollars, up +5.8% over the same period last year. The increase in costs is much more pronounced operating operations that totalled €23.5 million (+34.8%), with a generalized increase in charges including those for the introduction of ships in dry dock (+575.9%) and for voyages (+140.4%); In addition, the third quarter of 2023 had benefited from income resulting from the termination of rental agreements equal to 16.0 million dollars partially offset by losses due to reduction worth €13.8 million. Operating profit amounted to to $30.7 million (-7.8%) and net income to $27.6 million (-14,2%).

In the first nine months of 2024, the company reported revenues Base Time Charter of $164.0 million, with a Progression of +13.0% over the same period of 2023. The profit operating income was €93.4 million (+1.8%) and net profit of 88.4 million (-1.6%).