EuroDry Ltd. concluded 2025 with a robust performance in the last quarter, highlighting its profitability in the competitive dry cargo shipping market. The company, which is listed on Nasdaq, has also taken steps to fortify its share buyback program, indicating confidence in its financial standing. President and CEO Aristides Pittas noted the continued strength of the dry cargo market, with Ultramax and Kamsarmax vessels operating above breakeven levels, which ensures ongoing positive cash flows for the company.

A pivotal strategy for EuroDry is their shift towards longer-term charters, with the company having secured an annual time charter for an Ultramax vessel at a rate of $15,500 per day. This change reflects a move to stabilize revenue streams for a larger portion of their fleet. Pittas also underscored that strengthening liquidity through the sale of a ship and refinancing efforts would provide a financial