Greek owner Euroseas is scrapping 1997-built dry bulk carrier Eleni P, the oldest dry bulk vessel in its fleet.
Euroseas says the 72,119 dwt vessel will be delivered to the scrap buyer at the beginning of January 2017. The vessel will be replaced by the Capetan Tassas, a 2000-built 75,100 dwt vessel the company acquired in November.
Aristides Pittas, chairman and CEO of Euroseas, commented: “This transaction is an overall positive development for Euroseas and showcases our ability to take advantage of market opportunities to renew our fleet.”
Once all deals are completed Euroseas will have a fleet of 14 vessels, made up of six bulkers and in 8 feeder containerships.