Maersk leases two vessels from Cido Shipping

Maersk Tankers, the tanker shipping unit of Danish shipping and oil group A.P. Moller-Maersk said on Monday it would lease two vessels from Korean shipping management company Cido Shipping.

Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that a subsidiary of the Company has entered into a two-year time charter agreement, until September 2013, for the vessel, M/V Monica P, a 46,667 dwt, 1998 built Handymax bulk carrier at a gross daily rate of $12,375.

Jude    Maritime News    

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