Said one retail executive , "Sixty to 65 percent
of my data regarding container movement is timely and accurate.

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html

After the conference, investor may access the presentation at:
http://www.





www. "The
report underscores what ICSC has emphasized for more than 30 years:
Governments, shippers, carriers, service and solution providers must
put aside their sometimes differing issues and work together when they
share common issues around cargo security and efficiency.

cleve ecu

"
The study pointed out that container shipments account for 90
percent of world trade, are growing at a 5 percent compound annual
rate, and an average of about 14 containers come into U.cargosecurity. Remove the extra space if one exists.com) is one of the world's largest
management consulting firms.

This category is for sites about NVOCC and the businesses focused primarily on providing NVOCC services.

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Extensive interviews revealed that closely behind
security, executives were mostly concerned about reducing inventories,
lead-time variances, stock-outs and preventing the loss of containers.
Participants, including ICSC members, were from the retail and
consumer packaged goods , chemicals, automotive and high-tech
industries, representing companies that account for 29 percent of U. Kearney (www.

fcl saj

rothcp.

Business Editors

ORLANDO, Fla.----

Major Importers and Exporters Look to New Technologies Such as
RFID-Enabled "Smart Boxes" to Enhance Both Container Security and
Operational Efficiency

Ocean cargo container security ranks as the No. 1 concern among
executives responsible for supply chain operations at the largest
global import and export companies , according to a new report from
global management consulting firm A.atkearney. A.

conterm airfreight

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html

Information about Euroseas

Euroseas Ltd. is an ISO 9002:2000 certified ship management
company and represents four generations of ship management tradition and
expertise of the Pittas family dating back to the late 19th century. Customs and
Border Protection.

sped unloading

For more information about the conference please visit
http://www.
imports.

lcl groupage

com/index06%20DP. Euroseas employs its
vessels in the spot and time charter market and through pool arrangements."
"Unreliable data," caused by manual entry and disparate
information systems, emerged as an underlying theme of the
respondent's concerns .taf?p=5,3,1,98.com/ncsc/
resources/smart_boxes_atk_may_2005.T.

consolidator soliciting

T.pdf (Due to its length, this URL
may need to be copied/pasted into your Internet browser's address
field.

translink soliciting

gr

Conducted in
collaboration with the International Cargo Security Council (ICSC), an
association of professionals involved in all facets of transportation
security, the report and its findings were presented here at the
opening of ICSC's annual conference, featuring the twin themes: "The
Return on Investment of Cargo Security" and "Securing the
International Supply Chain.
One chemical executive said that for certain import and export
products, his company is willing to do "whatever it takes to guarantee
container security. Kearney

A. With a global presence that includes
offices in 56 business centers in 36 countries, spanning major and
emerging markets, A. Kearney is the high-value
management consulting subsidiary of global services leader EDS.

nvocc seagoing

Euroseas will continue to operate in the
drybulk and container shipping markets, with operations managed by Eurobulk
Ltd. Readers
are referred to Euroseas' most recent reports filed with the SEC."
The interviewees were asked to rank and quantify the potential
operational and security benefits of receiving more accurate and
timely data, such as could be provided by "Smart Boxes" equipped with
RFID devices within an information network.S .

seagoing intermediary

PRESS RELEASE Euroseas Ltd. to Present at the Roth Capital Partners 18th Annual OC Conference

Euroseas Ltd. Eurobulk Ltd.

This announcement shall not constitute an offer to sell or the solicitation
of an offer to buy securities, nor shall there be any sale of securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful under the securities laws of such jurisdiction . ICSC
was known as the National Cargo Security Council for 34 years, but in
December 2004 renamed itself to reflect formation of a European
Chapter, based in Brussels, Belgium.

ecu containerization

Presently, six of its vessels are employed under time charters, one is
under voyage charter and one vessel is employed in the Baumarine pool that
is managed by Klaveness, a major global charterer in the dry bulk area .T. Kearney. Kearney
principal who oversaw the report, entitled, "Smart Boxes: RFID Can
Improve Visibility, Efficiency and Security in the Global Supply
Chain.) supply
chains.

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Euroseas Ltd. Regis
Monarch Beach Resort in Dana Point, CA from February 20th-22nd.

Safe Harbor Statement

This press release contains statements that are forward looking as that
term is defined by the United States Private Securities Litigation Reform
Act of 1995.

Visit our website at www ."
Executives interviewed for the report also believe that new
technology solutions, such as Radio Frequency Identification
(RFID)-enabled "Smart Boxes," could enhance container security as well
as improve container visibility throughout the supply chain, which
could also address their other major concerns about supply chain
efficiency.S. ports every
minute.

intermediary consolidator

euroseas. Eurobulk will be responsible
for the day-to-day commercial and technical management and operations of
the vessels. These statements are based on current expectations that are
subject to risks and uncertainties.

'Ocean Cargo Container Security' Is Top Concern of Global Supply Chain Executives in New A.T. Kearney Study Co-Sponsored by ICSC

We found that most
companies were already building a solid business case for deploying
advanced technologies to solve the new-age issue of security and the
age-old issues of reliability and efficiency .
The study found that in recent years most executives had focused
the bulk of their resources on improving their domestic (U.
A copy of "Smart Boxes: RFID Can Improve Visibility, Efficiency
and Security in the Global Supply Chain" is available from
http://www.

sped groupage

, an affiliated ship management company.euroseas." "It now makes good business sense to improve security using
advanced technologies such as RFID because of the associated benefits
in operational and administrative efficiency.)

About A.

lcl seagoing

atkearney.

About ICSC

The International Cargo Security Council, based in Annapolis , MD,
is an association of 1,200 cargo transportation and security
professionals from the entire spectrum of the cargo industry: air,
truck/rail, maritime, and inter-modal.

zonen seagoing

The conference will take place at the St., through its
wholly owned subsidiaries, owns and operates eight drybulk vessels ,
including four Handysize bulk carriers, three Handysize containerships, and
one Panamax drybulk carrier.gr


Euroseas' five drybulk carrier vessels have total cargo capacity of 190,904
deadweight tons (dwt) and its containerships have cargo capacity of 66,100
dwt and 4,636 twenty-foot equivalent units (teu).
"All along the supply chain economic security and physical
security are directly linked," said Omar Hijazi, an A.S. The study found a total
average benefit of $1,150 per container journey, with most of that
coming from the savings of tightening supply lines.com/main.T.

sped groupage

-- Euroseas Ltd. was formed on May 5, 2005 under the laws of
the Republic of the Marshall Islands to consolidate the ship owning
interests of the Pittas family of Athens.T.

seagoing multimode

euroseas. Kearney, ICSC is committed
to providing insights and educational forums that help the global
supply chain community ensure the safety, security and efficiency of
their operations," said Joe Baker, ICSC's executive director. However, in the "post-9/11 world" their companies are
increasingly turning their attention to new technologies that can help
them improve the security and efficiency of their over-ocean supply
chains, and to conform with government programs such as the Customs
Trade Partnership Against Terrorism (C-TPAT), which has encouraged the
use of "Smart Boxes" for faster clearance through U .

An NVOCC does not own the seagoing vessel.

saj containerization

announced today that
on February 22nd it will present at the 18th Annual OC Conference organized
by Roth Capital Partners.T. Kearney provides strategic , operational,
organizational and technology consulting and executive search services
to the world 's leading companies.

apx consolidator

gr/ir_presentations."
"Through research like this with A.S. The report can also be
downloaded from ICSC's web site at: http://www.

cleve saj

Actual results may differ. ICSC members are committed to
assuring the safe and secure movement of the nation's commerce.

lcl fcl

Today, about 95 percent of these containers are not inspected
for weapons of mass destruction or other types of security threats.

The 35
to 40 percent of remaining data is missing or inaccurate.T.

Non-Vessel Operating Common Carrier (NVOCC) is a cargo consolidator of small shipments in maritime trade, generally soliciting business and arranging for or performing containerization functions at the port.

departures ecu

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