Greek drybulk owner and operator EuroDry keeps its vessels on short term charters and considers entering into year-long charters for a portion of its fleet if the markets improve further.
Meanwhile,
Greek drybulk owner and operator EuroDry keeps its vessels on short term charters and considers entering into year-long charters for a portion of its fleet if the markets improve further.
Meanwhile, the shipowner is looking at renewal opportunities of its elder vessels and financing options that could allow the company to expand its fleet in “accretive ways.”
The company has currently a fleet of 12 vessels, including 4 panamax drybulk carriers, 5 ultramax drybulk carriers, 2 kamsarmax drybulk carriers and 1 supramax drybulk carrier. EuroDry’s 12 drybulk carriers have a total cargo capacity of 842,886-dwt.
After the delivery of two ultramax vessels in 2027, the company’s fleet will consist of 14 vessels with a total carrying capacity of 969,886-dwt.
An average of 12.0 vessels were owned and operated during the second quarter of 2025 earning an average time charter equivalent rate of $10,428 per day.
Furthermore, an average of 12.4
Content Original Link:
Read full article from Original Source TELEGRAPH HELLENIC SHIPPING
" target="_blank">Read full article from Original Source TELEGRAPH HELLENIC SHIPPING
