Tate Sullivan

Charles Fratt

Mark Reichman

Kristoffer Skeie

Climent Molins

Mark La Reichman

Poe Fratt

- Euroseas Ltd. announced a new time charter contract for its 2006-built 1,740 teu feeder containership, M/V Jonathan P, for a minimum period of **11 to a maximum of 12 months**.  **[1341170_ec5f96580dd242dbaa571e2407ed3416_0]** 
- The new charter, commencing on **November 17, 2025**, is at a gross daily rate of **$25,000**, which is a **$5,000 per day increase** over the vessel’s current rate.  **[1341170_ec5f96580dd242dbaa571e2407ed3416_0]** 
- This contract is expected to contribute about **$5.65 million of EBITDA** over the minimum contracted period.  **[1341170_ec5f96580dd242dbaa571e2407ed3416_0]** 
- The new charter will increase Euroseas' fleet charter coverage to **100% in the remainder of 2025** and approximately **70% in 2026**.  **[1341170_ec5f96580dd242dbaa571e2407ed3416_0]**

EUROSEAS (ESEA)