EuroDry orders third 82,000-DWT Kamsarmax newbuild for about $37 million
EDRY•EuroDry ordered a third 82,000-DWT eco-design Kamsarmax newbuilding for about $37 million, with delivery scheduled for Q3 2029. Funding will combine debt and equity, and the contract is conditional on a bank refund guarantee acceptable to EuroDry.
1. New vessel order
EuroDry ordered a third 82,000-DWT eco-design Kamsarmax newbuilding from Hengli Shipbuilding for about $37 million. Delivery is scheduled for Q3 2029, expanding its newbuilding program to five vessels. Funding will combine debt and equity, and the contract remains conditional on a bank refund guarantee acceptable to EuroDry.
