Seatrade-Maritime: Euroseas orders container ship pair at CIMC Sinopacific

Published by Seatrade-Maritime

Container ship operator, Euroseas, has declared its options for the construction of two additional modern fuel-efficient, gearless 1,800 teu container vessels to be built at Nantong CIMC Sinopacific Offshore & Engineering in China.

The vessels cost $32.26 million each and are scheduled to be delivered in December of 2028 and March of 2029.  

Aristides Pittas, Chairman and CEO of Euroseas commented: “We are very pleased to announce the ordering of two additional 1,800 teu gearless containerships, sisterships to the two we ordered in April of 2026.These orders reflect our continued commitment to disciplined fleet modernization and renewal.”

“The feeder and sub-6000 teu containership market remains particularly tight. Combined with a low orderbook for this segment and an ageing existing fleet, we continue to see a compelling business case for investing in this vessel category and believe the structural fundamentals remain favourable.”

The company has a fleet of 21 vessels, including 15 feeder containerships and 6 Intermediate containerships with a cargo capacity of 61,144 teu. After the delivery of four intermediate and eight feeder containership newbuildings between 2027 and 2029, Euroseas’ fleet will consist of 33 vessels with a total carrying capacity of 97,396 teu.