Euroseas Enters New Time Charter Contract; Agrees to Sell M/V Evridiki G for About $26 Million

10:00 AM EDT, 10/19/2026 (MT Newswires) -- Euroseas (ESEA) has entered into a new time charter contract for its 2,556 twenty-foot equivalent unit feeder containership, M/V EM Corfu, for a minimum period of 12 months and up to 14 months, at the charterer's option, at a gross daily rate of $62,500, it said on Monday. The new charter is slated to begin in mid-December 2026, following the completion of the vessel's scheduled dry-dock, according to a statement. The container carrier vessel operator said that it has agreed to sell M/V Evridiki G for about $26 million. The ship is expected to be delivered to its new owners at the end of October. The sale is expected to generate a gain of about $22.5 million, or about $3.19 per share, Chairman and CEO Aristides Pittas said in a statement. Price: 66.52, Change: +0.34, Percent Change: +0.52