Euroseas is seeking a potential merger or other corporate marriage that could help it grow while allowing a potential partner to join the ranks of listed shipowners, according to an executive.
Chief financial officer Tasos Aslidis tells TradeWinds that the bulker and boxship owner believes its listing on New York’s Nasdaq exchange could be a valuable asset for what he called an “orphan fleet” — a company that invested in shipping with the intention of eventually listing but whose plans did not materialise.
