Greece’s Euroseas boxship owner, listed on Nasdaq stock market, led by Aristides Pittas disclosed
Greece’s Euroseas boxship owner, listed on Nasdaq stock market, led by Aristides Pittas disclosed on Thursday details of the part-sale of a vessel.
The company said it has formed a joint venture on May 4 with a group of investors represented by NRP Project Finance AS (NRP Investors) in relation to the ownership of the third 4,484-teu vessel in the series of four 4,484-teu vessels.
Under the deal, the NRP Investors will acquire a 49% ownership interest in the vessel Thrylos for total consideration of approximately $12.2m, including certain transaction structuring costs, with the assumption that the vessel will be financed with at least 60% of debt.
The ship Thrylos, which is expected to be delivered in the first quarter of 2028, forms part of a quartet of vessels ordered at China’s Jiangsu New
