Benzinga | Dec 21, 2020 04:17PM EST

Euroseas Ltd. Announces New Charter For Its M/V Synergy Antwerp

ATHENS, Greece, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ:ESEA, the &quot, Company&quot, or &quot, Euroseas&quot, ))))), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today the extension of the charter of its container vessel M/V "Synergy Antwerp". Specifically:



* M/V "Synergy Antwerp", a 4,253 teu vessel built in 2008, was extended for a period of between thirty-two (32) and thirty-five (35) months in charterers' option, at a daily rate of $18,000. The new rate will commence on January 1, 2021 and will replace the remaining three months of the present low-rate charter originally due to expire on March 31, 2021.