Euroseas ltd. announces delivery of m/v terataki, an eco 2,800 teu feeder containership newbuilding, and commencement of the vessel's charter

Athens, greece, july 06, 2023 (globe newswire) -- euroseas ltd. (nasdaq:esea), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today that on july 6, 2023, it has taken delivery of its m/v terataki, an eco eedi phase 3, 2,800 teu feeder containership newbuilding from hyundai mipo dockyard co. in south korea. the vessel is equipped with a tier iii engine and other sustainability linked features including installation of amp (alternative maritime power). the acquisition was financed with a combination of own funds and a sustainability-linked loan provided by national bank of greece s.a. following its delivery, m/v terataki commenced a thirty-six to forty months charter with asyad lines.
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