Euroseas Ltd. – Strong Q2 & Dividend Boost – Bullish on Feeder/Intermediate Segments

Wednesday, August 13, 2025

Overview

In this Capital Link Trending News webinar discussion, Euroseas Ltd.’s Chairman and CEO Aristides Pittas reported strong Q2 profits of $30 million and announced a dividend increase to $0.70 per share, expressing confidence in container shipping market conditions despite potential risks from economic slowdowns and the eventual reopening of the Suez Canal. The company aims to maintain a stable dividend yield above 5% while reserving capital for growth opportunities, having secured longer-term charters of 2-4 years to ensure steady profits. Mr. Pittas also highlighted the company’s ESG initiatives focusing on fleet modernization with more fuel-efficient ships and mentioned his involvement with HELMEPA to protect seas and educate Greek schools.


Presenting Companies

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Featured Panelists

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Aristides J. Pittas
Chairman & CEO
Euroseas Ltd. (NASDAQ: ESEA) ; EuroDry Ltd. (NASDAQ: EDRY); Euroholdings Ltd. (NASDAQ: EHLD)


About Companies

ABOUT Euroseas Ltd.

Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over
the past 150 years. Euroseas trades on the NASDAQ Capital Market under the ticker ESEA.

Euroseas operates in the container shipping market. Euroseas’ operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company, which is responsible for
the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements.

The Company has a fleet of 21 vessels, including 15 Feeder containerships and 6 Intermediate containerships with a cargo capacity of 61,144 teu. After the delivery of four intermediate containership newbuildings in 2027 and 2028, respectively, Euroseas’ fleet will consist of 25 vessels with a total carrying capacity of 79,080 teu.


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