Euroseas Ltd. Announces 2021 Environmental, Social and Governance (ESG) Report
June 27 2022 - 9:00AM
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container
carrier vessels and provider of seaborne transportation for
containerized cargoes, announced today the publication of its 2021
Environmental, Social and Governance (ESG) Report which was
developed in accordance with the UN Sustainable Development Goals
(UN SDGs) and the Sustainability Accounting Standards Board (SASB),
including the Global Reporting Initiative (GRI) and the NASDAQ ESG
reporting guidelines.
To download a copy of the report, please visit
the Company’s
website:http://www.euroseas.gr/company/sustainability.html
The Report highlights the priorities and goals,
and provides extensive information about the Company’s activities,
including corporate governance, operational excellence, and the
ways in which it measures and manages its impact on the
environment, its people and society.
Aristides Pittas, Chairman and CEO
commented: “This second annual ESG Report further
demonstrates our commitment to industry decarbonization and
reflects our sustainability vision along with future plans for
digital innovation, fleet renewal and expansion using efficient
technologies and lower emission fuels. Sustainability remains at
the core of our business operations, and we continue to work on
initiatives that drive growth and create lasting value for the
maritime sector, seafarers and communities.”
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 and ISO 14001:2004 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 18 vessels, including
10 Feeder containerships and 8 Intermediate containerships.
Euroseas 18 containerships have a cargo capacity of 58,871 teu.
After the delivery of nine feeder containership newbuildings in
2023 and 2024, Euroseas’ fleet will consist of 27 vessels with a
total carrying capacity of 81,071 teu.
Forward Looking Statement This
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 the Company’s website www.euroseas.gr
Company
Contact |
Investor Relations
/ Financial
Media |
Tasos Aslidis |
Nicolas Bornozis |
Chief Financial Officer |
Markella Kara |
Euroseas Ltd. |
Capital Link, Inc. |
11 Canterbury Lane |
230 Park Avenue, Suite 1540 |
Watchung, NJ 07069 |
New York, NY 10169 |
Tel. (908) 301-9091 |
Tel: (212)661-7566 |
Email: aha@euroseas.gr |
Email: euroseas@capitallink.com |
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