Eurodry ltd. announces joint venture with investors and delivery of m/v christos k, an eco ultramax drybulk carrier

Athens, greece, oct. 26, 2023 (globe newswire) -- eurodry ltd. (nasdaq: edry, the “company” or “eurodry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it formed a joint venture with a number of investors represented by nrp project finance as (“nrp investors”) regarding the ownership of the two ultramax vessels it recently announced its agreement to acquire, m/v christos k (ex – giants causeway) and m/v maria (ex - sadlers wells), both built in 2015. specifically, nrp investors will acquire a 39% ownership stake in each of the vessels.
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