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Euroseas takes delivery of 2,800-TEU Gregos feeder ship

Author:   Posttime:2023-04-28

GREEK shipping company Euroseas has announced it has taken delivery of the 2,800-TEU Gregos feeder ship from Hyundai Mipo Dockyard, of South Korea, reports London's Port Technology.
The vessel is EEDI Phase 3 compliant and equipped with a Tier III engine and other sustainability linked features including installation of AMP (alternative maritime power).
The acquisition was financed with a combination of its own company funds and a sustainability-linked loan provided by Eurobank SA. Following delivery, the unit commenced a 36-to-40-month charter with Oman's Asyad Lines.
Said Euroseas CEO Aristides Pittas: "We are very pleased to have taken delivery of the Gregos, the first vessel from our nine-vessel newbuilding programme which includes five additional 2,800 TEU and three 1,800 TEU units all modern fuel efficient, eco-design vessels with Tier III engines.
"Following the containership market's rebound during 2021 and 2022, our overall strategy has been to grow the company in a manner that creates value for our shareholders and adheres to our ESG commitment of having a more environmentally friendly fleet," he said.
In May 2022, Euroseas announced it has agreed to acquire two intermediate sized container vessels for a combined price of $37 million.

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