EuroDry Ltd.

The company operates a fleet of drybulk carriers that transport iron ore, coal, grain, and other dry cargoes globally. As of March 31, 2026, the fleet consists of 11 vessels with a total deadweight tonnage (Dwt) of 766,420. The fleet includes Kamsarmax, Ultramax, Supramax, and Panamax vessel types. Specific vessels include EKATERINI (Kamsarmax, 82,006 Dwt, built 2018), XENIA (Kamsarmax, 82,019 Dwt, built 2016), ALEXANDROS P (Ultramax, 63,127 Dwt, built 2017), CHRISTOS K (Ultramax, 63,197 Dwt, built 2015), YANNIS PITTAS (Ultramax, 63,243 Dwt, built 2014), MARIA (Ultramax, 63,153 Dwt, built 2015), GOOD HEART (Ultramax, 62,996 Dwt, built 2014), MOLYVOS LUCK (Supramax, 57,924 Dwt, built 2014), SANTA CRUZ (Panamax, 76,440 Dwt, built 2005), STARLIGHT (Panamax, 75,611 Dwt, built 2004), and BLESSED LUCK (Panamax, 76,704 Dwt, built 2004). The vessels are employed under time charters with varying end dates in 2026. In 2023, 2024, and 2025, the company had fleet utilization rates of 97.9%, 98.8%, and 99.0% respectively, with an average of 10.6, 13.0, and 12.0 vessels. Daily time charter equivalent (TCE) rates were $12,528, $13,039, and $11,642, generating time and voyage charter revenues of $50.43 million, $64.79 million, and $55.64 million respectively. The company operates its vessels through affiliates Eurobulk and Eurobulk FE.