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Fleet Profile
  • Vessel Profiles
    • Fleet Employment

    Vessel Profiles




    Euroseas Ltd. fleet profile is as follows:
    Name Type Dwt TEU Year Built
    Employment*
    		TCE Rate ($/day)
    Dry Bulk Vessels
    PANTELIS Panamax 74,020   2000
    TC 'til Feb-12
    		$17,500
    ELENI P Panamax 72,119   1997 TC 'til May/Aug 2010 $15,350
    Then 'til August 2012 (currently detained off the coast of Somalia after being hijacked)
    		 $23,500
    IRINI(*) Panamax 69,734 1988
    Baumarine Pool
    		 
    ARISTIDES N.P. Panamax 69,268 1993 TC 'til Mar-12 $18,900
    MONICA P (**) Handymax 46,667 1998
    Bulkhandling Pool
    		  
    Total Dry Bulk Vessels 5 331,808
    Multipurpose Dry Cargo Vessels
    TASMAN TRADER 1 22,568 950 1990
    TC 'til Mar-12
    		 $9,500 'til Dec-10
    $9,000 'til Mar-12
    Container Carriers
    MAERSK NOUMEA Intermediate 34,677 2,556 2001
    TC until Aug-11
    (3 annual options
    'til Aug-14)
    		$16,800 'til Aug-11
    $18,735 'til Aug-12
    $19,240 'til Aug-13
    $19,750 'til Aug-14
    TIGER BRIDGE Intermediate 31,627 2,228 1990
    TC-till Mar-11
    (option till March 2012)
    		4,000
    7,500
    AGGELIKI P Intermediate 30,360 2,008 1998
    TC til May-11
    		$7,000
    DESPINA P Handy size 33,667 1,932 1990
    TC 'til Dec-10
    		$7,500
    JONATHAN P (ex-OEL INTEGRITY) Handy size 33,667 1,932 1990
    Laid-up
    		 
    CAPTAIN COSTAS
    (ex- OEL TRANSWORLD)         		Handy size 30,007 1,742 1992
    Monthly options TC 'til Mar-11
    		$4,250 'till Mar-11
    YM Port Kelang
    (ex-Mastro Nicos)         		Handy size 23,596 1,599 1993
    TC 'til Nov-10
    (option 'til Nov-11)
    		 $3,750 'til Nov-10
    $5,900 'til Nov-11
    MANOLIS P Handy size 20,346 1,452 1995
    (TC 'til Oct 2010)
    (Option till Oct 2011)
    		 $4,000 'til Oct-10
    CONTEX less10% 'til Jun-11(***)
    NINOS (ex-YM QINGDAO I) Feeder 18,253 1,169 1990
    TC Till Mar-11
    		 $6,800 Till Mar-11
    KUO HSIUNG Feeder 18,154 1,169 1993
    Monthly Options till December 2010
    Option til June 2011
    		$3,850 'til Dec-10

    $5,300 'til Jun-11
    Total Container Carriers 10 274,354 17,787
    Fleet Grand Total 16 628,730 18,737

    (*) "Irini" is employed in the Baumarine spot pool that is managed by Klaveness, a major global charterer in the drybulk area.
    (**) "Monica P" is employed in the Bulkhandling spot pool that is managed by Klaveness, a major global charterer in the drybulk area.
    (***) CONTEX is a charter market index for 1,700 teu containership vessels.


    Euromar* fleet profile is as follows:
    Name Type Dwt TEU Year Built
    Employment*
    		TCE Rate ($/day)
     M/V "EM ATHENS" EX. "SANTA ADRIANA"  Intermediate  32,350  2,506  2000    
     M/V "EM CHIOS" EX. "SANTA ARABELLA"  Intermediate  32,350  2,506  2000    
     Total Container Carriers  2  64,700  5,012

    (*)Euromar is a joint venture between Euroseas and two private equity firms, Eton Park and Rhone Capital in which Euroseas holds 14.28% stake.




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