Interview with Aristides J. Pittas, Chairman and CEO of Euroseas Ltd. and EuroDry Ltd., discusses the spin-off of Euroseas' dry bulk fleet into a separate company
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Podcast Summary
Aristides Pittas, chairman and chief executive of Euroseas and Eurodry explains in an exclusive |
- To offer to capital markets two pure-play products, including the only US-listed feeder containership company,
- To play offensively and capitalize on fast global economic growth and good shipping market prospects over the next two to three years,
- To increase the valuations of both companies to what they ought to be based on their current net asset value,
- To further grow their intrinsic value through mergers with other shipping companies, once the company’s share reflects its NAV.
- To be a consolidator in a fragmented industry, capitalizing on management’s expertise and best in class corporate management business practices.
- Mr Pittas also offered his views on how the industry copes with the implementation of regulatory reform, including the adoption of the new IMO emission standards in 2020.
For additional information please visit: http://www.euroseas.gr and http://www.eurodry.gr/.
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