Euroseas Takes Newbuild Bulker, Hires Out Containership

Wikimedia/AgainErick Euroseas Ltd, a Greece-based shipping company, took delivery of its newbuilding Kamsarmax dry bulk carrier Xenia and entered into a two-year time charter for its container carrier Evridiki G. The M/V Xenia was delivered from the China-based Jiangsu Yangzijiang Shipbuilding Co. on February 26. Xenia is an eco design Kamsarmax fuel efficient bulker with a carrying capacity of 82,000 dwt. The vessel has commenced a time charter contract until January 2020 at a gross daily rate of USD 14,100 and the charterer has an option to extend the charter for an additional year at a gross rate of USD 14,350. The shipping company has also entered into a time charter contract for the container vessel Evridiki G. The containership has been hired for a gross daily rate of USD 11,000 for a period of two years. The M/V Evridiki G is an intermediate container carrier with a cargo capacity of 2,556 teu. Euroseas has a fleet of 12 vessels, including 1 Kamsarmax drybulk carrier, 3 Panamax drybulk carriers and 1 Handymax drybulk carrier, 2 intermediate containerships, 3 Handysize containerships, and 2 feeder containerships.