Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation
for drybulk and containerized cargoes, announced today that it took delivery of the previously announced acquisition of the newbuilding Hull DY 160, to be renamed Alexandros P, a 63,500 dwt fuel efficient Ultramax drybulk carrier built in January 2017.
Aristides Pittas, Chairman and CEO of Euroseas commented: "We are very pleased to complete the acquisition of Alexandros P, an Ultramax drybulk carrier the construction of which we have supervised over the last two years. The delivery of Alexandros P settles our claim against the yard and positions us to take advantage of any recovery in the drybulk market."