Euroseas’ acquisition of Lomar feeder represents ‘limited risk’
Purchase of Lomar’s feeder Piraeus Trader marks Euroseas’ first secondhand acquisition for two years but ticks the boxes for company strategy of ‘risk-measured and accretive’ growth
Euroseas has promptly chartered out the vessel, to be renamed Jonathan P, for a period of three years at a daily net rate of about $26,700