Euroseas Ltd. Q4 2025 Earnings Call Summary

Performance was driven by higher average time charter equivalent rates of $30,268 per day in 2025, despite operating a slightly smaller average fleet size. The company maintains high revenue visibility with 87% of 2026 and 71% of 2027 voyage days already fixed at rates exceeding $30,000 per day. Management attributes current market resilience to ongoing trade disruptions and limited vessel availability, which have kept charter rates at historically elevated levels. Strategic fleet renewal is underwa ...