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Boxship owner Euroseas posts sharp rise in profits

Latest charter sees a 23-year-old feeder snapped up for three years at quadruple its previous daily rate

Bumper rates for ageing feeders indicates strong demand for securing capacity is now considered a medium to longer-term trend, argues Greek box operator. On average Euroseas’ vessels have earned 57% higher charter rates than in the same quarter as last year 

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