Euroseas Ltd. announced a time charter contract for its new 1,800 teu feeder containership, M/V Monica, on May 8, 2024, at a daily rate of $16,000 for up to 12 months, contributing approximately $2.7 million to EBITDA. The financing includes a $22.5 million loan from the National Bank of Fujairah for both M/V Monica and M/V Stefania K.