Euroseas(ESEA) - 2023 Q3 - Earnings Call Transcript

Our own new building program is going according to schedule, so we do expect to get the ships in 2024. The last few months, we haven't seen new orders being placed, but there exists other orders that are being built right now. I think that the order book for the ships between 1,000 to 3,000 TEU that will be delivered next year is around 6%. Of course, the average age of the fleet is extremely high, with 52%, 53% of the fleet being older than 15 years old. So we expect that if in 2024 the market is poor, whi ...