Euroseas ltd. announces one-year time charter contract and completion of retrofits for its intermediate containership, m/v synergy antwerp

Athens, greece, april 02, 2024 (globe newswire) -- euroseas ltd. (nasdaq: esea, the “company” or “euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today a time charter contract for its 4,250 teu intermediate containership, m/v synergy antwerp, for a minimum period of 11.5 to a maximum period of 14 months at the option of the charterer, at a gross daily rate of $26,500. the charter commenced on april 2, 2024, after the vessel successfully completed its scheduled drydock and special survey, along with certain retrofits including the installation of a number of “energy saving devices”. the latter are expected to improve her consumption in the commercial speed range by about 25%. on that basis, the vessel will emit about 9,800 metric tons of co2 less per annum.
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