Euroseas's earnings returned to black for the second quarter on higher revenue driven by a higher number of active vessels and improved charter rates.

The Aristides Pittas-led company, which in May spun off its drybulk segment into Eurodry, reported $1.8m in profit versus a $1.2m loss during the same period last year.

Net revenues almost doubled to $9.7m from $5.3m