Eurodry ltd. announces delivery of m/v maria, an eco ultramax drybulk carrier

Athens, greece, nov. 07, 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 took delivery of m/v maria, a 63,153 dwt ultramax drybulk carrier built in 2015. m/v maria is part of the joint venture the company has formed with a number of investors represented by nrp project finance as (“nrp investors”) regarding the ownership of the two ultramax vessels, m/v maria and m/v christos k. nrp investors own a 39% ownership stake in each of the vessels. the company has arranged a sustainability-linked loan of $11 million with eurobank s.a. to partly finance the acquisition.
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