Euroseas acquires four feeder boxships

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its entry into three material transactions:

  • the refinancing of two of its vessels with simultaneous interest rate reduction for all other existing loans
  • the redemption of approximately 60% of its outstanding Series B Preferred Shares with simultaneous reduction of the dividend rate for the preferred shares remaining outstanding
  • the signing of memoranda...

https://container-news.com/euroseas-acquires-four-feeder-boxships/