Greece’s Euroseas boxship owner, led by Aristides Pittas, has inked a deal for the
Greece’s Euroseas boxship owner, led by Aristides Pittas, has inked a deal for the construction of two specialized 2,800 teu, high-reefer containerships to be built at Huanghai Shipbuilding in China.
The Nasdaq-listed shipowner said the ships, with over 1,000 reefer plugs, are optimized for high-reefer density trades, providing increased capacity for refrigerated cargo, a trade with growing demand.
Both vessels will be built to EEDI Phase 3 and IMO NOx Tier III standards, with delivery set for June and August 2028.
Each ship is costing around $46.35m and, according to Euroseas, will be financed with a combination of debt and equity.
The newbuilding deal also provides the company with the option to order up to four additional vessels of similar size, with high reefer plugs or conventional, within a short period of time.