Euroseas Ltd. CEO Interview on Fleet Renewal, Business Strategy & Sector Outlook
May 02 2023 - 8:30AM
The Chairman and CEO of Euroseas Ltd. (NASDAQ:ESEA), Aristides
Pittas discussed with Anna Wichmann of Capital Link TV on the
occasion of the recently announced delivery of the first
newbuilding vessel, the M/V Gregos. During the interview, the CEO
outlined Euroseas’ newbuilding program, fleet renewal and business
strategy as well as the container sector outlook.
Interview Highlights
- Technological and operational advantages of the newbuilding
program – fleet optimization
- The new financing framework of sustainable linked loans
- Euroseas’ balanced chartering strategy aimed to provide
staggered charter expirations and steady cash flows
- Global economy outlook and container sector prospects
The full interview can be accessed on the
Capital Link TV page linked
below:https://youtu.be/yw4NSSrNxTo
About Euroseas Ltd. Euroseas
Ltd. was formed on May 5, 2005 under the laws of the Republic of
the Marshall Islands to consolidate the ship owning interests of
the Pittas family of Athens, Greece, which has been in the shipping
business over the past 140 years. Euroseas trades on the NASDAQ
Capital Market under the ticker ESEA. Euroseas operates in the
container shipping market. Euroseas' operations are managed by
Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified
affiliated ship management company, which is responsible for the
day-to-day commercial and technical management and operations of
the vessels. Euroseas employs its vessels on spot and period
charters and through pool arrangements. The Company has a fleet of
18 vessels, including 11 Feeder and 7 Intermediate containerships.
Euroseas 18 containerships have a cargo capacity of 56,061 teu. On
a fully-delivered basis of its vessels under construction, the
Company’s fleet will increase to 26 containerships with a cargo
capacity of about 75,461 teu.
For more information, visit: www.euroseas.gr
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