Benzinga | Apr 12, 2021 09:10AM EDT

Euroseas Ltd. Announces New Charter For M/V Joanna Vessel

Euroseas Ltd. (NASDAQ:ESEA, the &quot, Company&quot, or &quot, Euroseas&quot, ))))), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today a new time charter contract for its container vessel M/V "Joanna". Specifically:



* M/V "Joanna", a 1,732 TEU vessel built in 1999, entered into a new time charter contract for a period between a minimum of eighteen and a maximum of twenty one months at the option of the charterer, at a gross daily rate of $16,800. The new rate will commence between April 20, 2021 and May 2, 2021 when the vessel will be redelivered from its current charterer.