Euroseas Ltd. (NASDAQ:ESEA)

esea cargo

As of today, October 31, 2018 at 12:44pm EST, Euroseas Ltd. (NASDAQ:ESEA) has 11.27M shares outstanding with a float of 1.39M.

Euroseas Ltd.’s yearly revenue of $50.73M provides them a gross profit of $16.35M. Their current share price is $1.815. ESEA is in the Industrials sector and Shipping & Ports industry.



Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over more than 140 years. Euroseas trades on the NASDAQ Capital Market under the ticker ESEA. Euroseas operates in the container shipping markets. Euroseas’ operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company and Eurobulk (Far East) Ltd. Inc. which are responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements. Euroseas has a fleet of 11 vessels, including 10 Feeder containerships and an intermediate containership. Euroseas 11 containerships have a cargo capacity of 25,473 teu.

Euroseas’ business strategy is focused on providing consistent shareholder returns by carefully selecting the timing and the structure of its investments in containership vessels and by reliably, safely and competitively operating the vessels owned, through its affiliate, Eurobulk. Representing a continuous shipowning and management history that dates back to the 19th century, Euroseas believes that one of its advantages in the industry is its ability to select and safely and economically operate vessels of any age. Euroseas continuously evaluates sale-and-purchase opportunities, as well as long term employment opportunities for its vessels. Euroseas plans to expand its fleet to increase its revenues and make its containership fleet more cost efficient and more attractive to its customers.

Check out SOME latest tagged press releases:

For more press releases see here.


4 Messogiou & Evropis Street
Maroussi 151 24


For more details on the company see here.