EM SPETSES

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36 months trading Mediterranean, 29'500$ daily, ZIM

Euroseas acquires four feeder boxships from Pittas family

Greek owner Euroseas has signed an MOU to acquire four feeder containerships from the Pittas family and its chairman Aristides Pittas. Euroseas will pay $15m cash and issue around 22.5m shares, representing 64.3% of Euroseas’ outstanding common shares to the sellers of the four vessels EM Hydra, EM Spetses, EM Kea and Diamantis P. The company intends to finance the cash portion with bank debt which will be used to repay the existing indebtedness of the vessels. Following the acquisition, Euroseas fleet will consist of 15 container vessels.

EM SPETSES chatered by CMA CGM to run on 'Dunkrus'

The 1,732 teu EM SPETSES has been chartered by the French Line to join the 1,347 SHANTI and JAMILA on the ‘extended’ ‘Dunkrus’ with the following rotation: Casablanca, Agadir, Dunkirk, Portsmouth, Rotterdam, Le Havre, Nador, Casablanca. http://linervision.wordpress.com/2013/10/10/cma-cgm-further-strengthens-morocco-coverage-for-citrus-season/