Euroseas has greenlighted an $86m deal to build two container ships at Hyundai Mipo Dockyard (HMD).

The New York-listed shipowner said it exercised options for a pair of 2,800-teu vessels, bringing its newbuilding programme to nine ships.

The duo, which the company described as “eco-design fuel-efficient” boxships, will be delivered during the fourth quarter of 2024.