EuroDry has announced the delivery of an eco-ultramax carrier
Published by Oliver Kleinschmidt,
Assistant Editor
Dry Bulk,
EuroDry Ltd, an owner and operator of dry bulk vessels, has announced that it took delivery of M/V Maria, a 63 153 DWT ultramax dry bulk carrier built in 2015.
M/V Maria is part of the joint venture the company has formed with a number of investors represented by NRP Project Finance AS regarding the ownership of the two ultramax vessels, M/V Maria and M/V Christos K. NRP Investors own a 39% ownership stake in each of the vessels. EuroDry has arranged a sustainability-linked loan of US$11 million with Eurobank S.A. to partly finance the acquisition.
Aristides Pittas, Chairman and CEO of EuroDry commented: “We are very pleased to have taken delivery of M/V Maria, the second of the two vessels of our joint venture with NRP Investors. We look forward to continuing pursuing accretive transactions and ways to finance our growth creating value for our shareholders.”
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Read the article online at: https://www.drybulkmagazine.com/dry-bulk/08112023/eurodry-has-announced-the-delivery-of-an-eco-ultramax-carrier/
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