Financial Performance (Q1 2025) - Net revenues reached $5635 million, a 206% increase compared to Q1 2024[8, 55] - Net income was $3691 million, an 846% increase compared to Q1 2024, with diluted earnings per share at $529[8, 55] - Adjusted EBITDA was $3708 million, a 507% increase compared to Q1 2024[8, 55] - Adjusted net income was $2619 million, a 416% increase compared to Q1 2024, with adjusted diluted earnings per share at $376[8, 55] Capital Allocation - A quarterly dividend of $065 per share was declared for Q1 2025[9] - The company repurchased 463,074 shares of common stock for $105 million as of June 18, 2025, under a $20 million repurchase plan[10] Fleet and Chartering - The company signed an agreement to sell M/V Marcos V for $50 million, with delivery scheduled for October 2025[12] - For 2025, 9660% of available days have been secured at an average rate of approximately $28,250 per day[18] - For 2026, approximately 666% of available days are covered at an average rate of $31,610 per day[18] Market Dynamics - In Q1 2025, average one-year time charter rates increased by 10% for feeder vessels and 4% for Panamax and post-Panamax vessels compared to Q4 2024[22] - The idle fleet, excluding vessels under repair, stood at 019 million TEU as of June 2, 2025, representing 06% of the fleet[23] Fleet Profile - The current fleet comprises 22 vessels with an average age of 128 years and a carrying capacity of 675k TEU[14] - Two new vessels, each with a capacity of 4,300 TEU, are expected to be delivered in Q4 2027[14] Euroholdings Ltd Spin-off - Euroholdings Ltd was spun off from Euroseas Ltd on March 17, 2025, with a distribution ratio of 1 share of Euroholdings for every 25 shares of Euroseas, amounting to approximately 5% of Euroseas' NAV[13]