Eurodry Ltd.

Eurodry Ltd.

Eurodry Ltd.

Overview
Date Founded

2018

Headquarters

4 Messogiou & Evropis Street,Maroussi,Athens, Attica 151 24

Type of Company

Public

Employees (Worldwide)

160

Industries

Marine Shipping
Other Business & Consulting Services

Company Description

Eurodry Ltd. engages in the provision of ocean-going transportation services. It owns and operates drybulk carriers that transport major bulks such as iron ore, coal and grains, and minor bulks , which includes bauxite, phosphate, and fertilizers. The company was founded on January 8, 2018 and is headquartered in Athens, Greece.

Executives & Employees

President, Chief Executive Officer & Chairman of the Board

Director, Chief Financial Officer & Treasurer

Chief Administrative Officer

Internal Auditor

Secretary

Board of Directors

Chairman & Chief Executive Officer at Euroseas Ltd.

Vice President at Oceanbulk Maritime SA

Former Chief Executive Officer & Executive Director at Proton Bank SA

Managing Partner at EOS Capital Partners SA

Chairman & Chief Executive Officer at Star Investments SA

Chief Financial Officer at Euroseas Ltd.

Managing Director at BlackRock Capital Investment Corp.

Executive Secretary at Eurobulk Ltd.

Paths to Eurodry Ltd.
Potential Connections via
Relationship Science
You
Eurodry Ltd.
Owners & Shareholders
Details Hidden

Tennenbaum Capital Partners, LLC (TCP) is a leading alternative investment management firm focused primarily on credit opportunities. Since the firm’s founding in 1999, TCP has invested over $10 billion in approximately 200 portfolio companies through its credit opportunities strategy, in addition to investments by a specialty fund focused on debtor-in-possession financing. Today, the firm has committed capital under management of approximately $4.5 billion. Additionally, TCP is the external advisor to publicly-traded business development company, TCP Capital Corp. (NASDAQ: TCPC). More information on TCP Capital Corp. can be found at www.tcpcapital.com. TCP targets primarily U.S. middle-market credits where the firm can play a meaningful role in each situation, in investment positions of up to $250 million. Our principals have significant experience crafting unique solutions throughout the capital structure of both publicly-traded and privately-held companies. The firm’s investment professionals combine deep industry sector knowledge with extensive expertise in financial, operational, trading and legal disciplines to successfully execute TCP’s investment strategies. Integrity in dealing with our business associates, investors and the wider community is ingrained at TCP. The firm prides itself on its investor-friendly approach, and has been recognized for its endorsement of the ILPA (International Limited Partner Association) Private Equity Principles. We are a valued deal partner and we seek to build long-term relationships. TCP is committed to a long-lasting business based on quality and fair dealing. TCP is honored to be named a winner in the DealMakers Private Equity Awards 2012, recognizing a select number of leading private alternative investment firms across the globe, for their areas of specialization.

Details Hidden

Tennenbaum Capital Partners, LLC (TCP) is a leading alternative investment management firm focused primarily on credit opportunities. Since the firm’s founding in 1999, TCP has invested over $10 billion in approximately 200 portfolio companies through its credit opportunities strategy, in addition to investments by a specialty fund focused on debtor-in-possession financing. Today, the firm has committed capital under management of approximately $4.5 billion. Additionally, TCP is the external advisor to publicly-traded business development company, TCP Capital Corp. (NASDAQ: TCPC). More information on TCP Capital Corp. can be found at www.tcpcapital.com. TCP targets primarily U.S. middle-market credits where the firm can play a meaningful role in each situation, in investment positions of up to $250 million. Our principals have significant experience crafting unique solutions throughout the capital structure of both publicly-traded and privately-held companies. The firm’s investment professionals combine deep industry sector knowledge with extensive expertise in financial, operational, trading and legal disciplines to successfully execute TCP’s investment strategies. Integrity in dealing with our business associates, investors and the wider community is ingrained at TCP. The firm prides itself on its investor-friendly approach, and has been recognized for its endorsement of the ILPA (International Limited Partner Association) Private Equity Principles. We are a valued deal partner and we seek to build long-term relationships. TCP is committed to a long-lasting business based on quality and fair dealing. TCP is honored to be named a winner in the DealMakers Private Equity Awards 2012, recognizing a select number of leading private alternative investment firms across the globe, for their areas of specialization.

Recent Transactions
Details Hidden

purchases Eurodry Ltd. from Euroseas Ltd.

Clients

Genco Shipping & Trading Limited is an international ship owning company. We transport iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Our wholly owned modern fleet of dry cargo vessels consists of Panamax, Handymax and Handysize vessels that provide an essential link in international trade. Ours is a global industry and Genco Shipping & Trading Limited is very well placed to serve it professionally and competitively

Cargill, Inc. engages in the provision of food, agricultural, financial, and industrial products and services. It specializes in food service, agriculture, meat and poultry, transportation, pharmaceutical ingredients, and beauty products. The company was founded by William Wallace Cargill in 1865 and is headquartered in Minneapolis, MN.

D/S Norden A/S is an independent shipping company, which operates in dry cargo and product tankers worldwide. It operates through the following segments: Dry Cargo and Tankers. The Dry Cargo segment offers transport of bulk commodities such as grain, coal, iron ore, and sugar. The Tankers segment is comprised of transportation of crude oil, and refined oil products. The company was founded by Mads Christian Holm on February 11, 1871 and is headquartered in Hellerup, Denmark.

Key Stats and Financials As of 2019
Market Capitalization
$15.2M
Total Enterprise Value
$82.3M
Earnings Per Share
$-0.85
Revenue
$27.2M
EBITDAMargin
35.31%
Net Profit
$20K
Total Equity
$56.5M
Total Debt
$56.5M
EBITDA
$9.62M
Enterprise Value / Sales
3.02x
Enterprise Value EBITDAOperating
8.56x
TEVNet Income
4,988.7x
Debt TEV
0.69x
Three Year Compounded Annual Growth Rate Of Revenue
54.06%
Competitors
Genco Shipping & Trading Limited Marine Shipping - New York, NY

Genco Shipping & Trading Limited is an international ship owning company. We transport iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Our wholly owned modern fleet of dry cargo vessels consists of Panamax, Handymax and Handysize vessels that provide an essential link in international trade. Ours is a global industry and Genco Shipping & Trading Limited is very well placed to serve it professionally and competitively

Navios Maritime Acquisition Corp. Marine Shipping - Piraeus, Greece

Company Profile Navios Maritime Acquisition Corporation (“Navios Acquisition”) is an owner and operator of tanker vessels focusing in the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. The Company is publicly traded on the New York Stock Exchange under the ticker “NNA,” its units under “NNA.U,” and its warrants under “NNA.WS.” Navios Acquisition owns a large fleet of modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services. Our strategy is to charter our vessels to international oil companies, refiners and large vessel operators under long, medium and short-term charters. We are committed to providing quality transportation services and developing and maintaining long-term relationships with our customers

Safe Bulkers, Inc. Marine Shipping - Athens, Greece

Safe Bulkers, Inc. is a holding company, which engages in the ownership and operation of dry bulk vessels. It offers marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore. Its fleet include Panamax, Kamsarmax, Post-Panamax, and Capesize class vessels. The company was founded on December 11, 2007 and is headquartered in Les Acanthes, Monaco.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Eurodry Ltd.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Eurodry Ltd.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Eurodry Ltd..