From about two weeks ago
- Older (1999-build) feeder secures a 23 - 25 month charter at a decent rate of $16K daily
- Second 1800-TEU newbuild delivers and secure a 23 - 25 month contract @ $22K daily
- Sold an older (2004-build) feeder vessel for $10M in June 2024. About half the proceeds are a net gain.
http://www.euroseas.gr/press/esea070824.pdf
Not too bad - ESEA has taken delivery of 6 of its 9 newbuild vessels in the last 12 - 14 months. The company has also disposed two older vessels. ESEA still owns about 5 older vessels (each 22+ years old)