Euroseas Ltd. Announces Date for the 2018 Annual General Meeting of Shareholders
June 01 2018 - 9:00AM
Euroseas Ltd. (NASDAQ:ESEA), an owner and operator of container
carrier vessels and provider of seaborne transportation for
containerized cargoes, announced today
that
the Annual General Meeting of Shareholders will be held at the
offices of Seward & Kissel LLP, One Battery Park Plaza, Ground
Floor, New York, New York 10004 on Friday, June 22, 2018 at 10:30
a.m. Shareholders of the Company as of the close of business
on Friday, May 18, 2018, the “record date,” will be entitled to
vote at the Annual Meeting or any adjournment thereof.
The Notice of the Annual Meeting and Proxy Statement will be
mailed to shareholders of record on or about May 30, 2018, and will
available on the Securities and Exchange Commission’s website at
www.sec.gov and on the Company’s website at www.euroseas.gr.
About Euroseas Ltd.Euroseas
Ltd. was formed on May 5, 2005 under the laws of the Republic of
the Marshall Islands to consolidate the ship owning interests of
the Pittas family of Athens, Greece, which has been in the shipping
business over the past 140 years. Euroseas trades on the Nasdaq
Capital Market under the ticker ESEA.
Euroseas operates in the container shipping
market. Euroseas’ operations are managed by Eurobulk Ltd., an ISO
9001:2008 certified affiliated ship management company, which is
responsible for the day-to-day commercial and technical management
and operations of the vessels. Euroseas employs its vessels on spot
and period charters and through pool arrangements.
The Company has a fleet of 12 vessels in the
water, including one Handymax drybulk carrier that has been sold
and is expected to be delivered to its new owners by June 30, 2018,
ten Feeder containerships and one Intermediate containership.
Euroseas eleven containerships have a total cargo capacity of
25,483 teu.
Forward Looking StatementThis
press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended) concerning
future events and the Company’s growth strategy and measures to
implement such strategy; including expected vessel acquisitions and
entering into further time charters. Words such as “expects,”
“intends,” “plans,” “believes,” “anticipates,” “hopes,”
“estimates,” and variations of such words and similar expressions
are intended to identify forward-looking statements. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to have been correct. These
statements involve known and unknown risks and are based upon a
number of assumptions and estimates that are inherently subject to
significant uncertainties and contingencies, many of which are
beyond the control of the Company. Actual results may differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially include, but are not limited to changes in the demand
for containerships, competitive factors in the market in which the
Company operates; risks associated with operations outside the
United States; and other factors listed from time to time in the
Company’s filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company’s
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
Visit our
website www.euroseas.gr
Company
Contact |
Investor
Relations / Financial Media |
Tasos AslidisChief
Financial OfficerEuroseas Ltd.11 Canterbury Lane,Watchung, NJ
07069Tel. (908) 301-9091E-mail: aha@euroseas.gr |
Nicolas
BornozisPresidentCapital Link, Inc.230 Park Avenue, Suite 1536New
York, NY 10169Tel. (212)
661-7566E-mail: euroseas@capitallink.com |
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