Euroseas, Ltd. ( is a shipping company that was founded about a century ago and became public in 2005. The company is based in
Maroussi
Marousi or Maroussi (), also known as Amarousio (), is a city and a suburb in the northeastern part of the Athens urban area, Greece. Marousi dates back to the era of the ancient Athenian Republic; its ancient name was '' Athmonon'' () and it r ...
,
Athens
Athens ( ) is the Capital city, capital and List of cities and towns in Greece, largest city of Greece. A significant coastal urban area in the Mediterranean, Athens is also the capital of the Attica (region), Attica region and is the southe ...
, Greece.
Profile
Euroseas operates in the dry cargo, drybulk, and container shipping markets worldwide and is also a provider of
seaborne transportation for dry bulk and containerized cargoes. It owns and operates
drybulk carriers that transport iron ore, coal, and grains, as well as
bauxite
Bauxite () is a sedimentary rock with a relatively high aluminium content. It is the world's main source of aluminium and gallium. Bauxite consists mostly of the aluminium minerals gibbsite (), boehmite (γ-AlO(OH)), and diaspore (α-AlO(OH) ...
,
phosphate
Phosphates are the naturally occurring form of the element phosphorus.
In chemistry, a phosphate is an anion, salt, functional group or ester derived from a phosphoric acid. It most commonly means orthophosphate, a derivative of orthop ...
, and
fertilizers
A fertilizer or fertiliser is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrition, plant nutrients. Fertilizers may be distinct from Liming (soil), liming materials or other non- ...
. The company also owns and operates container ships and multipurpose vessels that transport dry and refrigerated containerized cargoes, primarily manufactured products and perishables.
Euroseas employs its vessels on spot and period charters, as well as through pool arrangements. The Company has a fleet of 11 vessels, including 4 drybulk carriers, 6 container ships and 1 multipurpose dry cargo vessel, for fleet grand total of (). Euroseas' 4 drybulk carriers have a total cargo capacity of , its 6 container ships have a cargo capacity of () and its 1 multipurpose vessel has a cargo capacity of or .
History
Euroseas' roots go back four generations, prior to the existence of steam and diesel engines, when the company's ships were propelled by sails. Those days ships were maximum 1000 tons and cost about 3000 pounds sterling to build. According to company records, the first
Pittas Family shipowner was
Nikolaos F. Pittas. He was born on the island of
Chios
Chios (; , traditionally known as Scio in English) is the fifth largest Greece, Greek list of islands of Greece, island, situated in the northern Aegean Sea, and the List of islands in the Mediterranean#By area, tenth largest island in the Medi ...
in
Greece
Greece, officially the Hellenic Republic, is a country in Southeast Europe. Located on the southern tip of the Balkan peninsula, it shares land borders with Albania to the northwest, North Macedonia and Bulgaria to the north, and Turkey to th ...
in 1837. The first vessel he owned was
Ypapanti, a 700-ton wooden, sail vessel that was built in
Chios
Chios (; , traditionally known as Scio in English) is the fifth largest Greece, Greek list of islands of Greece, island, situated in the northern Aegean Sea, and the List of islands in the Mediterranean#By area, tenth largest island in the Medi ...
in 1873. He became the captain of the ship and his younger brothers and other relatives and friends joined him as crew. The vessel traded in the Mediterranean and Black Sea and the Captain himself always found its next employment from the destination port. He was at all times the Commercial, Technical and Financial Manager of the vessel. No office ashore existed as communications were so poor that people at the home island in Chios often had no news of their whereabouts for months.
[History](_blank)
Euroseas corporate website.
Business was flourishing at the time and soon N. F. Pittas could afford the purchase of more ships. The next ships purchased were the "Sotiras", a 780-ton ship that was bought in 1876 and the barque "Chios" the first 1,000-ton ship which was built in
Chios
Chios (; , traditionally known as Scio in English) is the fifth largest Greece, Greek list of islands of Greece, island, situated in the northern Aegean Sea, and the List of islands in the Mediterranean#By area, tenth largest island in the Medi ...
in 1878. A few other ships followed. Some were entrusted initially to brothers of N. F. Pittas and subsequent purchases to his sons.
Key executives
*Mr Aristides J. Pittas — Chairman, Chief Exec. Officer and Press
*Dr Anastasios Aslidis — Chief Financial Officer, Principal Accounting Officer, Treasurer
See also
*
List of companies of Greece
Greece is a country in southeastern Europe. Greece is developed country with an advanced World Bank high-income economy, high-income economy, a high quality of life, and a very high Human Development Index, standard of living. A founding member ...
References
External links
Euroseas website
{{Authority control
Shipping companies of Greece
Companies listed on the Nasdaq
Companies based in Athens
fr:Liste d'entreprises grecques
ro:Companii greceşti