{
  "id": 14540472,
  "title": "EuroDry Ltd. Announces Order for the Construction of a Third Modern 82,000 DWT Kamsarmax Bulk Carrier",
  "url": "https://urgent.news/2026/10/14/eurodry-ltd-announces-order-for-the-construction-of-a-third-modern-82",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T21:00:43.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/eurodry-ltd-announces-order-for-the-construction-of-a-third-modern-82000-dwt-kamsarmax-bulk-carrier/"
  },
  "original_language": "en",
  "account": "EuroDry Ltd., a drybulk vessel owner and operator, has secured a contract to build a third 82,000 DWT Kamsarmax bulk carrier with Hengli Shipbuilding (Dalian). The vessel will adhere to EEDI Phase 3 eco-design standards and is expected to be delivered in Q3 2029. The estimated cost of $37.0 million will be financed through a mix of debt and equity, contingent on obtaining a refund guarantee from a suitable bank. Chairman and CEO Aristides Pittas expressed satisfaction with the order, stating that newer, more fuel-efficient Kamsarmax vessels now offer competitive pricing compared to five-year-old models. This order brings EuroDry's newbuilding program to five vessels, reducing the fleet's average age and enhancing competitiveness in the market.",
  "summary": "EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed a contract with Hengli Shipbuilding (Dalian) for the construction of a third 82,000 DWT Kamsarmax bulk carrier. The vessel will be built to an eco-design specification compliant with EEDI Phase 3 standards and ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}