EUROSEAS LTD

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Fleet Profile

Vessel Profiles

Fleet Employment

Vessel Profiles

After the sale of M/V Anking and the acquisition of M/V Joanna, Euroseas Ltd. fleet profile will be as follows:

Name	Type	Dwt	TEU	Year Built	Employment^*	TCE Rate ($/day)
Dry Bulk Vessels
PANTELIS	Panamax	74,020		2000	TC til' Jan-14 + 1 Year in Charterers Option	$11,200 +50/50 Profit Share $14,200
ELENI P	Panamax	72,119		1997	Baumarine Pool	Spot Earnings since February 2013
IRINI	Panamax	69,734		1988	Open
ARISTIDES N.P.	Panamax	69,268		1993	TC till Feb-14	$7,500
MONICA P	Handymax	46,667		1998	TC 'til Sep-13	$12,375
Total Dry Bulk Vessels	5	331,808
Container Carriers
EVRIDIKI G (ex-MAERSK NOUMEA)	Intermediate	34,677	2,556	2001	TC 'til Apr-14	$8,000
TIGER BRIDGE	Intermediate	31,627	2,228	1990	TC til Nov-13 + 12 months in Charterers Option	$6,000 $8,000
AGGELIKI P	Intermediate	30,360	2,008	1998	TC til Feb-14	$6,000
DESPINA P	Handy size	33,667	1,932	1990	TC 'til Aug-13	$6,000
CAPTAIN COSTAS (ex-OEL TRANSWORLD)	Handy size	30,007	1,742	1992	TC till Mar-14 +12 months in Charterers Option	$6,500 $11,500
JOANNA	Handy size	22,301	1,738	1999	(to be delivered by end of June-13)
MARINOS	Handy size	23,596	1,599	1993	TC 'til Aug-13	$6,250
MANOLIS P	Handy size	20,346	1,452	1995	TC 'till Oct-13	$6,750
NINOS	Feeder	18,253	1,169	1990	TC till Dec-13	$7,690
KUO HSIUNG	Feeder	18,154	1,169	1993	TC till Feb-14 +12 month in Charterers Option	$7,700 $11,500
Total Container Carriers	10	262,988	17,593
Fleet Grand Total	15	594,796	17,593

Note: Charter duration indicates the earliest redelivery date unless the contract rate is lower than the current market rate in which cases the latest redelivery date is assumed; vessels with the latest redelivery date shown are marked by (*). Generally, charterers have a range of 15 days to 3 of months to redeliver the vessels depending on the length of the charter.

Euromar* fleet profile is as follows:

Name	Type	Dwt	TEU	Year Built
CAP EGMONT	Intermediate	41,850	3,091	2007
EM ASTORIA	Intermediate	35,600	2,778	2004
EM PSARA	Intermediate	37,180	2,785	2007
EM CORFU (ex-MAERSK NAIROBI)	Intermediate	34,654	2,556	2001
EM ATHENS (ex-SANTA ADRIANA)	Intermediate	32,350	2,506	2000
EM CHIOS (ex-SANTA ARABELLA)	Intermediate	32,350	2,506	2000
EM ANDROS	Intermediate	33,216	2,450	2003
EM ITHAKI	Intermediate	28,917	2,135	1999
EM SPETSES	Handy Size	23,400	1,736	2007
EM HYDRA	Handy Size	23,400	1,736	2005
Total	10	322,917	24,289

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