Greece’s Euroseas boxship owner, led by Aristides Pittas, has agreed to employ three of
Greece’s Euroseas boxship owner, led by Aristides Pittas, has agreed to employ three of its feeder boxships to a “top-tier charterer” for a three-year period.
The new forward fixtures will begin directly after the redelivery of their present charters, during the first, second and third quarters of 2026 and keep the 2,800 teu container vessels Leonidas Z (2024-built), Gregos and Terataki, both built in 2023, occupied at a gross daily rate of $30,000 until 2029.
All three charters will be for a minimum period of 35 to a maximum period of 37 months, at the option of the charterer.
As informed, the charters are expected to generate approximately $75m of EBITDA over the minimum contracted period and increase the company’s charter coverage for 2026, 2027, and 2028 to approximately 82.5%, 66.5%, and 42% respectively.
