Business
Euroseas Ltd. Announces 2021 Environmental, Social and Governance (ESG) Report
ATHENS, Greece, June 27, 2022 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne
About this update from Euroseas Ltd.
[{"type":"text","content":"ATHENS, Greece, June 27, 2022 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today the publication of its 2021 Environmental, Social and Governance (ESG) Report which was developed in accordance with the UN Sustainable Development Goals (UN SDGs) and the Sustainability Accounting Standards Board (SASB), including the Global Reporting Initiative (GRI) and the NASDAQ ESG reporting guidelines. To download a copy of the report, please visit the Company’s website:http://www.euroseas.gr/company/sustainability.html The Report highlights the priorities and goals, and provides extensive information about the Company’s activities, including corporate governance, operational excellence, and the ways in which it measures and manages its impact on the environment, its people and society. Aristides Pittas, Chairman and CEO commented: “This second annual ESG Report further demonstrates our commitment to industry decarbonization and reflects our sustainability vision along with future plans for digital innovation, fleet renewal and expansion using efficient technologies and lower emission fuels. Sustainability remains at the core of our business operations, and we continue to work on initiatives that drive growth and create lasting value for the maritime sector, seafarers and communities.” About Euroseas Ltd.Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 140 years. Euroseas trades on the NASDAQ Capital Market under the ticker ESEA. Euroseas operates in the container shipping market. Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements. The Company has a fleet of 18 vessels, including 10 Feeder containerships and 8 Intermediate containerships. Euroseas 18 containerships have a cargo capacity of 58,871 teu. After the delivery of nine feeder containership newbuildings in...