Euroseas Orders Two New 4,300 TEU Containerships

TL;DR

Euroseas is building 2 new ships for delivery in late '27/early '28, expanding their fleet.

AI Summary

On August 25, 2025, Euroseas Ltd. announced an order for the construction of two additional 4,300 TEU containerships. The company did not disclose the specific dollar amount for this order. These new vessels are expected to be delivered in the fourth quarter of 2027 and the first quarter of 2028.

Why It Matters

This expansion of Euroseas' fleet indicates confidence in the containership market and aims to capitalize on future demand, potentially increasing the company's revenue and market share.

Risk Assessment

Risk Level: low — The filing is a routine announcement of new vessel orders, which is a standard business activity for shipping companies and does not present immediate or significant new risks.

Key Numbers

• 2 — New Containerships Ordered (Euroseas is expanding its fleet by two vessels.)
• 4,300 TEU — Capacity per Containership (Indicates the size and potential cargo capacity of the new vessels.)

Key Players & Entities

• Euroseas Ltd. (company) — The company announcing the new vessel orders.
• 4,300 TEU (dollar_amount) — The capacity of the two new containerships being ordered.
• August 25, 2025 (date) — The date of the press release announcing the order.
• fourth quarter of 2027 (date) — Expected delivery timeframe for one of the new containerships.
• first quarter of 2028 (date) — Expected delivery timeframe for the second new containership.

FAQ

Key Financial Figures

• $59.25 million — newbuilding contracts is approximately $59.25 million and will be financed with a combination
• $15,000 — 72,968 6,350 2005 TC until Oct-25 $15,000 SYNERGY BUSAN(*) Intermediate 50,727
• $35,500 — 50,727 4,253 2009 TC until Dec-27 $35,500 SYNERGY ANTWERP(*) Intermediate 50,7
• $42,000 — 50,788 4,253 2009 TC until May-26 $42,000 SYNERGY KEELUNG(*) Intermediate 50,6
• $38,000 — er special survey then TC until Sep-28 $38,000 RENA P(*) Intermediate 50,765 4,250
• $19,000 — 42,165 3,100 2007 TC until May-26 $19,000 GREGOS(*) Feeder 38,733 2,800 2023
• $48,000 — 38,733 2,800 2023 TC until Apr-26 $48,000 TERATAKI(*) Feeder 38,733 2,800 20
• $32,000 — 38,733 2,800 2024 TC until Oct-27 $32,000 LEONIDAS Z(*) Feeder 38,733 2,800
• $20,000 — 38,733 2,800 2024 TC until Mar-26 $20,000 DEAR PANEL Feeder 38,733 2,800 202
• $29,500 — 34,654 2,556 2001 TC until Apr-26 $29,500 EM CORFU(*) Feeder 34,649 2,556 2
• $28,000 — 34,649 2,556 2001 TC until Aug-26 $28,000 STEPHANIA K(*) Feeder 22,563 1,800
• $22,000 M — 22,563 1,800 2024 TC until May-26 $22,000 MONICA(*) Feeder 22,563 1,800 2024 T
• $23,500 — 22,563 1,800 2024 TC until May-27 $23,500 PEPI STAR(*) Feeder 22,563 1,800 2
• $24,250 — 22,563 1,800 2024 TC until Jun-26 $24,250 EM SPETSES(*) Feeder 23,224 1,740
• $18,100 — 23,224 1,740 2007 TC until Feb-26 $18,100 JONATHAN P(*) Feeder 23,732 1,740

Filing Documents

• f082525esea6k.htm (6-K) — 58KB
• f082525esea6k002.gif (GRAPHIC) — 41KB
• 0001317861-25-000048.txt ( ) — 116KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. EUROSEAS LTD. Dated: August 25, 2025 By: /s/ Aristides J. Pittas Name: Aristides J. Pittas Title: President Exhibit 1 Euroseas Ltd. Announces Order for the Construction of Two Additional 4,300 TEU Containerships Maroussi, Athens, Greece August 25, 2025 Euroseas Ltd. (NASDAQ: ESEA, the Company or Euroseas), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has signed a contract for the construction of two additional modern fuel-efficient 4,300 teu container vessels to be built at Jiangsu New Yangzi Shipbuilding CO., in China. The vessels are scheduled to be delivered in March and May of 2028. The total consideration for each of these two newbuilding contracts is approximately $59.25 million and will be financed with a combination of debt and equity. Aristides Pittas, Chairman and CEO of Euroseas commented: We are very pleased to announce the ordering of two additional 4,300 teu containership vessels, sisterships to the two we ordered in October of 2024. We are committed to growing and modernizing our fleet and believe that investing in eco intermediate-sized containerships, a segment with a low orderbook and an ageing existing fleet, represents a sound investment strategy. This ensures that we are well-positioned to capitalize on future market opportunities and continue creating long-term value for our shareholders beyond the next few years, which are already secured through our current charter arrangements. Fleet Profile: The Euroseas Ltd. fleet profile is currently as follows: Name Type Dwt TEU Year Built Employment (*) TCE Rate ($/day) Container Carriers MARCOS V(+)(***) Intermediate 72,968 6,350 2005 TC until Oct-25 $15,000 SYNERGY BUS

View Full Filing

View this 6-K filing on SEC EDGAR