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Euroseas Ltd. sells its eldest dry bulk vessel

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Dry Bulk,

Greek dry bulk and container carrier vessels company and provider of seaborne transportation for dry bulk and containerised cargoes, Euroseas Ltd. (Euroseas), has sold M/V Monica P, a 46 667 DWT vessel, built in 1998, to an unaffiliated third party for the gross amount of US$6.45 million. According to the company, the vessel is to be delivered to its buyers by 30 June 2018.

Chairman and CEO, of Euroseas, Aristides Pittas, commented: “As part of our dry bulk fleet renewal programme we have committed to sell our eldest dry bulk vessel, the 20 years old m/v Monica P, which will soon be replaced by our Kamsarmax new building m/v Ekaterini expected to be delivered within May 2018.”

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