Euroseas is preparing to order two 1,800 TEU Bangkokmax feeder vessels at Nantong CIMC Sinopacific Offshore & Engineering, reported California's IndexBox. Deliveries are scheduled for 2028.

Market sources indicate that the Nasdaq-listed Greek shipowner is finalizing contracts, with some describing the deal as firm. Pricing is expected to be around US$32 million per vessel, in line with recent contracts for similar standard designs.

The ships are understood to mirror a series ordered by Danaos Corporation at the same yard late last year. Analysts noted that it is unclear whether Euroseas is ordering against a specific employment contract or taking a speculative position.

Euroseas currently operates 21 ships with a combined capacity of just above 61,000 TEU. The company has been active in newbuilding, including a March order for two 2,800 TEU high-reefer ships at Huanghai Shipbuilding for delivery by August 2028.

If confirmed, the CIMC SOE order would raise Euroseas' boxship orderbook to eight vessels, extending its fleet expansion strategy.