EuroDry Ltd. Overview
Pro stress-test →EuroDry Ltd is a Greece-based company which operates in the dry cargo, dry bulk shipping markets. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. EuroDry employs its vessels on spot and period charters and through pool arrangements.
Strategic Profile
Pro stress-test →The company has a fleet of more than five vessels, including Kamsarmax drybulk carriers, Panamax drybulk carriers and an Ultramax drybulk carrier with a total cargo capacity of approximately 400,000 deadweight tonnage (dwt). After the delivery of two Ultramax vessels in 2027, the Company's fleet will consist of 13 vessels with a total carrying capacity of 893,420 dwt. Operations are managed by Eurobulk Ltd, an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels.
Competitive Landscape
Pro stress-test →EuroDry competes in the fragmented drybulk shipping sector alongside publicly-traded operators like Pyxis Tankers, Navios Maritime, and Diana Containerships, as well as larger integrated shipping conglomerates. Competitive positioning depends on fleet age, operational efficiency, and access to favorable spot/period charter rates. Smaller fleet size relative to major competitors limits economies of scale but provides operational agility.
Industry Context
EuroDry Ltd. operates in Drybulk shipping operations.
Key facts
Founded: 2018 · Headquarters: Maroussi, Greece · Revenue: $52.3M (2025) · Market cap: $61M