Euroseas Ltd. has signed a new charter agreement for its 2006-built feeder containership M/V Jonathan P. The vessel will be employed for a minimum of 11 months and up to 12 months, at the charterer’s option, at a gross daily rate of $25,000.
The contract, which begins November 17, 2025, represents a $5,000 daily increase over the current rate and is expected to add about $5.65 million in EBITDA over the minimum period.
Euroseas said the deal brings its fleet coverage to 100% for the remainder of 2025 and around 70% for 2026.
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