EuroDry Ltd

EuroDry Ltd (EDRY) News & Events

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EDRY News

EDRY Events

10/14 09:30

EuroDry Signs Newbuilding Contract with Hengli Shipbuilding Worth Approximately $37M

EuroDry announced that it has signed a contract with Hengli Shipbuilding for the construction of a third 82,000 DWT Kamsarmax bulk carrier. The vessel will be built to an eco-design specification compliant with EEDI Phase 3 standards and is scheduled to be delivered during the third quarter of 2029. The total consideration for the newbuilding contract is approximately $37M and will be financed with a combination of debt and equity. The contract is conditional upon receiving a refund guarantee from a bank acceptable to the company.

8/27 17:30

EuroDry Files $200M Mixed Securities Shelf

EuroDry files $200M mixed securities shelf

8/6 09:30

EuroDry Reports Q2 Revenue of $17.7M, Below Consensus

Reports Q2 revenue $17.7M, consensus $19M. Aristides Pittas, Chairman and CEO of EuroDry commented: "We are pleased to report a highly profitable quarter, our strongest in four years. During the second quarter of 2026, the drybulk market strengthened significantly, with time charter rates reaching levels last seen in 2022. This positive momentum continued into July 2026 and is also reflected in Forward Freight Agreement rates for the remainder of 2026 and throughout 2027."

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