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Euroseas extends EM Kea charter 3 years at gross daily rate of $30,000

PUBT · 6d ago

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Euroseas extends EM Kea charter 3 years at gross daily rate of $30,000

Euroseas extended time charter for 3,100 TEU feeder containership EM Kea for 36-38 months at gross daily rate USD 30,000.
New charter starts July 14, 2026 in direct continuation of current contract.
Rate implies about 60% increase from vessel current USD 19,000 per day.
Contract expected to generate about USD 22.5 million EBITDA over minimum period.
Fixture lifts charter coverage to about 91% for 2026, 76% for 2027, 44% for 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Euroseas Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604151605PRIMZONEFULLFEED9690737) on April 15, 2026, and is solely responsible for the information contained therein.

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