EuroHoldings Ltd. Announces Charter Contract Extensions for Two of its Feeder Containerships, M/V Joanna and M/V Aegean Express
EuroHoldings extended time charter contracts for its feeder containerships M/V Joanna and M/V Aegean Express at significantly higher gross daily rates of $24,000 and $20,500 respectively. The new charters commence in late 2026 and early 2027 for minimum periods of 30 and 24 months, and are expected to generate approximately $24 million of EBITDA.
Key figures
- Guidance
- Expected to generate approximately $24 million of EBITDA over the minimum contracted period
- Aegean charter rate
- 20500
- Joanna charter rate
- 24000
- Charter coverage 2026
- 79%
- Charter coverage 2027
- 48%
- Charter coverage 2028
- 47%
- Aegean duration months
- 24
- Joanna duration months
- 30
AI analysis
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