EuroDry Ltd. Announces Order for the Construction of a Third Modern 82,000 DWT Kamsarmax Bulk Carrier
EuroDry signed a $37.0 million contract with Hengli Shipbuilding (Dalian) for a third 82,000 DWT eco-design Kamsarmax bulk carrier, scheduled for delivery in Q3 2029. The deal brings the company's newbuilding program to five vessels and will be financed with a combination of debt and equity; it remains conditional on a bank refund guarantee.
Key figures
- Deal Value Usd
- 37000000
- Shipyard
- Hengli Shipbuilding (Dalian)
- Vessel dwt
- 82000
- Vessel type
- Kamsarmax bulk carrier
- Delivery quarter
- Q3 2029
- Current fleet dwt
- 766420
- Pro forma fleet dwt
- 1139420
- Current fleet vessels
- 11
- Pro forma fleet vessels
- 16
- Newbuilding program vessels
- 5
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.