Continental Shipping Line (CSL) has repudiated the charter for Euroseas' 1,471
teu AEGEAN EXPRESS that was originally fixed in April 2022 for a period of 36
months at a daily time charter rate of $41,000. The ship was drydocked in
October 2022 and was still undergoing the drydock in January 2023 when CSL
repudiated the charter.
Euroseas said it is pursuing legal action and the ship is currently seeking a
replacement charter after completing drydock on 10 February 2023. CSL had first
chartered t