EuroDry Ltd. Signs Contract for the Construction of Two Modern 63,500 DWT Ultramax Bulk Carriers
EuroDry Ltd. - Common Shares (EDRY)
Last eurodry ltd. - common shares earnings: 2/12 04:05 pm
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Source: GlobeNewswire
ATHENS, Greece, Nov. 21, 2024 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed a contract with Nantong Xiangyu Shipbuilding for the construction of two 63,500 DWT ultramax bulk carriers. Both vessels are geared, eco, and are built to EEDI phase 3 design standard. The two newbuildings are scheduled to be delivered during the second and third quarters of 2027. The total consideration for the two newbuilding contracts is approximately $71.8 million and will be financed with a combination of debt and equity. Aristides Pittas, Chairman and CEO of EuroDry commented: “We are pleased to announce the ordering of two geared 63,500 DWT ultramax vessels. The addition of two modern Ultramax vessels in our fleet will solidify our presence in the Supra/Ultramax segment by increasing our fleet in this segment to eight vessels all with
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News
- EuroDry Ltd. Signs Contract for the Construction of Two Modern 63,500 DWT Ultramax Bulk Carriers [Yahoo! Finance]Yahoo! Finance
- EuroDry Ltd (EDRY) Q3 2024 Earnings Call Highlights: Navigating Revenue Growth Amidst Market ... [Yahoo! Finance]Yahoo! Finance
- EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- EuroDry Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2024GlobeNewswire
- EuroDry Ltd (EDRY) Q3 2024 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
EDRY
Earnings
- 11/19/24 - Miss
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Sec Filings
- 11/21/24 - Form 6-K
- 11/19/24 - Form 6-K
- EDRY's page on the SEC website