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Euroseas Agrees to Sell Intermediate Vessel for $50 Million
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Euroseas Agrees to Sell Intermediate Vessel for $50 Million
May 29, 2025 7:40 AM

10:22 AM EDT, 05/29/2025 (MT Newswires) -- Euroseas ( ESEA ) said Thursday it entered into an agreement to sell its M/V Marcos V intermediate vessel to an unaffiliated third party for $50 million.

The container ship is expected to be delivered to the buyer in October, according to a statement.

Euroseas ( ESEA ) said it expects to realize profit of over $8.5 million or $1.20 per share from the sale.

Price: 37.70, Change: +0.05, Percent Change: +0.13

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