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Euroseas Ltd.(Marshall Islands) - ESEA STOCK NEWS

Welcome to our dedicated news page for Euroseas Ltd.(Marshall Islands) (Ticker: ESEA), a resource for investors and traders seeking the latest updates and insights on Euroseas Ltd.(Marshall Islands).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Euroseas Ltd.(Marshall Islands)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Euroseas Ltd.(Marshall Islands)'s position in the market.

Rhea-AI Summary
Euroseas announced a time charter contract for its feeder containership, M/V EM Hydra, and an agreement to sell its 2004-built 2,788 teu feeder containership, EM Astoria. The charter contract is for a minimum of ten to a maximum of twelve months at a gross daily rate of $13,000. The sale of EM Astoria is for approximately $10 million, with delivery to the new owners expected by June 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
none
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Rhea-AI Summary
Euroseas (NASDAQ: ESEA) secures a time charter contract for M/V Synergy Antwerp, boosting revenue with a gross daily rate of $26,500 for 11.5 to 14 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
Tags
none
-
Rhea-AI Summary
Euroseas (NASDAQ: ESEA) completes installation of energy-saving devices on M/V Marcos V for improved consumption.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
Rhea-AI Summary
Euroseas Ltd. (NASDAQ: ESEA) has entered into a time charter contract for M/V LEONIDAS Z, a newbuilding fuel efficient 2,800 teu feeder containership, for a minimum of 23 to a maximum of 25 months at a gross daily rate of $20,000. The charter will start upon vessel delivery in April or May 2024. Chairman and CEO, Aristides Pittas, highlighted the profitable charter with a major liner company, leveraging the strong market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.02%
Tags
none
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Rhea-AI Summary
Euroseas Ltd. (ESEA) reported strong financial results for the fourth quarter of 2023, with total net revenues of $49.1 million and net income of $24.7 million. The company declared a quarterly dividend of $0.60 per share. Average time charter equivalent rate was $29,266 per day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
Tags
dividends
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Rhea-AI Summary
Euroseas Ltd. (NASDAQ: ESEA) will release its Q4 2023 financial results on February 21, 2024. A conference call and webcast will follow to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
Tags
Rhea-AI Summary
Euroseas Ltd. has taken delivery of its M/V Tender Soul, 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). It is financed via a sale and leaseback agreement with a Japanese owner and bank, and has commenced an eight to ten months charter at a rate of $17,000/day. The company's fleet and employment profile, as well as vessels under construction, are also detailed in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
none
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Rhea-AI Summary
Euroseas Ltd. (NASDAQ: ESEA) will participate in Capital Link’s Corporate Presentation Webinar Series on January 18, 2024. The senior management team will present the company’s current operations, business development, growth prospects, and sector outlook. Participants can register for the webinar and submit questions for a live Q&A session. Institutional investors can also request 1-on-1 meetings with company management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
conferences
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Rhea-AI Summary
Euroseas Ltd. (NASDAQ: ESEA) has entered into a time charter contract for M/V TENDER SOUL, a newbuilding fuel-efficient 2,800 teu feeder containership, at a gross daily rate of $17,000. The charter will commence in February 2024, contributing to the company's revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
none
Rhea-AI Summary
Euroseas Ltd. (NASDAQ: ESEA) has completed the installation of 'energy saving devices' on its 4,250 teu feeder containership, M/V Synergy Busan, to improve consumption in the commercial speed range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.97%
Tags
none
Euroseas Ltd.(Marshall Islands)

Nasdaq:ESEA

ESEA Rankings

ESEA Stock Data

242.59M
2.85M
59.35%
7.39%
0.07%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
Athina

About ESEA

stock-listed shipwning company trading on the nasdaq stock exchange under the symbol esea. the company presently owns 21 vessels directly or through joint ventures. the aim of the company is to provide first class shipping services while providing superior returns for its shareholders.