Euroseas Extends Charter for M/V Jonathan P
Ticker: ESEA · Form: 6-K · Filed: Sep 15, 2025 · CIK: 1341170
| Field | Detail |
|---|---|
| Company | Euroseas LTD. (ESEA) |
| Form Type | 6-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $25,000, $5,000, $5.65 million, $15,000, $35,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: charter-extension, shipping, press-release
TL;DR
Euroseas locked in a 1-year charter extension for the M/V Jonathan P.
AI Summary
Euroseas Ltd. announced on September 12, 2025, a one-year charter contract extension for its feeder containership, the M/V Jonathan P. This extension is incorporated into the company's F-3 registration statement.
Why It Matters
This charter extension provides Euroseas Ltd. with continued revenue and operational stability for one of its vessels.
Risk Assessment
Risk Level: low — The filing is a routine report of a charter extension, not indicating significant new risks.
Key Players & Entities
- Euroseas Ltd. (company) — Registrant
- M/V Jonathan P (company) — Feeder Containership
- September 12, 2025 (date) — Press Release Date
- 001-33283 (company) — SEC File Number
- 333-268708 (company) — Form F-3 File Number
FAQ
What is the duration of the charter contract extension for the M/V Jonathan P?
The charter contract extension for the M/V Jonathan P is for one year.
What type of vessel is the M/V Jonathan P?
The M/V Jonathan P is a feeder containership.
On what date was the press release regarding the charter extension issued?
The press release was issued on September 12, 2025.
Which SEC form is this report filed under?
This report is filed as a Form 6-K.
Is this filing incorporated into any other SEC filings?
Yes, this Form 6-K report is incorporated by reference into Euroseas Ltd.'s Registration Statement on Form F-3 (File No. 333-268708).
Filing Stats: 1,272 words · 5 min read · ~4 pages · Grade level 14.1 · Accepted 2025-09-15 16:22:10
Key Financial Figures
- $25,000 — the charterer, at a gross daily rate of $25,000, in direct continuation of its current
- $5,000 — n of its current charter representing a $5,000 per day increase over the vessels curre
- $5.65 million — 025 and is expected to contribute about $5.65 million of EBITDA over the minimum contracted p
- $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
Filing Documents
- f091525esea6k.htm (6-K) — 64KB
- f091525esea6k002.gif (GRAPHIC) — 41KB
- 0001317861-25-000050.txt ( ) — 121KB
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: September 15, 2025 By: /s/ Aristides J. Pittas Name: Aristides J. Pittas Title: President Exhibit 1 Euroseas Ltd. Announces 1-year Charter Contract Extension for its Feeder Containership, M/V Jonathan P Maroussi, Athens, Greece September 12, 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 a new time charter contract for its 2006-built 1,740 teu feeder containership, M/V Jonathan P, for a minimum period of 11 to a maximum period of 12 months, at the option of the charterer, at a gross daily rate of $25,000, in direct continuation of its current charter representing a $5,000 per day increase over the vessels current rate. The new charter period will commence on November 17, 2025 and is expected to contribute about $5.65 million of EBITDA over the minimum contracted period; the charter will increase charter coverage of the Companys fleet to 100% in the remainder of 2025 and about 70% in 2026. The Euroseas Ltd. fleet profile is currently as follows: Name Type Dwt TEU Year Built Employment (*) TCE Rate ($/day) Container Carriers MARCOS V(+)(***) Intermediate 72,968 6,350 2005 TC until Oct-25 $15,000 SYNERGY BUSAN(*) Intermediate 50,727 4,253 2009 TC until Dec-27 $35,500 SYNERGY ANTWERP(*) Intermediate 50,727 4,253 2008 TC until May-28 $35,500 SYNERGY OAKLAND (*) Intermediate 50,788 4,253 2009 TC until May-26 $42,000 SYNERGY KEELUNG(*) Intermediate 50,697 4,253 2009 TC until Jun-28 $35,500 EMMANUEL P(*) Intermediate 50,796 4,250 2005 In Drydock, passing her special survey then TC until Sep-28 $38,000 RENA P(*) Intermediate 50,765 4,250