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Euroseas Signs Agreement To Sell 6,350 Containership M/V Marcos V For $50M, With Expected Gain Of Over $8.5M Or $1.20 Per Share Upon October 2025 Delivery

Author: Benzinga Newsdesk | May 29, 2025 08:17am

Euroseas Ltd. (NASDAQ:ESEA, the "Company" or "Euroseas"))), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it has signed an agreement to sell M/V Marcos V, an 6,350 teu intermediate containership built in 2005, to an unaffiliated third party, for $50 million. The vessel is scheduled to be delivered to its buyer in October 2025. The Company is expected to recognize a gain on the sale in excess of $8.50 million, or $1.20 per share.

Posted In: ESEA


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