Greek containership owner Euroseas has returned to Jiangsu New Yangzi Shipbuilding in China for two additional 4,300 teu newbuilds.
The Nasdaq-listed company said the vessels, priced at about $59.25m apiece, are due for delivery in March and May 2028. Financing will be arranged through a mix of debt and equity.
The pair are sisterships to the two 4,300 teu units Euroseas booked at the same yard in October 2024, with delivery in 2027.
Chairman and CEO Aristides Pittas said the investment reflects the company’s strategy of modernising its fleet with eco-design intermediate containerships. He noted that the segment has a comparatively small orderbook and an ageing fleet, creating opportunities for owners with modern tonnage.
Following the latest orders, the Athens-based tonnage provider counts a fleet of 25 ships on a fully delivered basis, including 21 on the water and four newbuildings set to deliver between 2027 and 2028.
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