EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that it has completed its spin-off from Euroseas . The Company’s shares commenced trading as of March 18, 2025, on the NASDAQ Capital Market under the symbol “EHLD.”
Aristides Pittas, Chairman and CEO of EuroHoldings commented: “We are extremely excited with the spin-off of Euroseas’ oldest containerships into a separate publicly listed company, EuroHoldings Ltd. We believe that this transaction will create further value for the shareholders of both Euroseas and EuroHoldings by allowing each company to pursue its own investment strategy, providing additional options to its shareholders.
“Euroseas will continue growing as a pure container owner focusing on modern fuel-efficient feeder and intermediate vessels while EuroHoldings, a company with a very solid balance sheet, no debt and contracted cash flows will look to grow by investing in older vessels in the containership and other sectors and also evaluating other maritime opportunities.”
source: cyprusshippingnews.com
