EuroDry

EDRY

Börsenwert 145 Mio. $

ATHENS, Greece, Oct. 14, 2026 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today 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 is scheduled to be delivered during the third quarter of 2029. The total consideration for the newbuilding contract is approximately $37.0 million and will be financed with a combination of debt and equity. The contract is conditional upon receiving a refund guarantee from a bank acceptable to the Company.

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EuroDry emerges ahead as surging dry-bulk rates, index-linked charters, stronger earnings and fleet expansion reinforce its investment appeal.

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EuroDry (EDRY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

EDRY is riding stronger dry-bulk rates, with TCE more than doubling and profits rebounding as index-linked charters lift revenue exposure.

Here is how EuroDry (EDRY) and Marten Transport, Ltd. (MRTN) have performed compared to their sector so far this year.

EDRY is renewing its fleet with four eco-design newbuildings. targeting 15 vessels and 1.05 million dwt of capacity after 2028 deliveries.