Euroseas orders construction of two 4,300 teu containerships (ESEA:NASDAQ)

Euroseas (NASDAQ:ESEA) -2.5% in Monday’s trading after saying it signed a contract for the construction of two 4,300 teu newbuild container vessels from China’s Jiangsu New Yangzi Shipbuilding.

The company said the vessels, priced at ~$59.25M each, are due for delivery in March