Shipowner and operator Euroseas Ltd.

Shipowner Euroseas Ltd. reported a net loss of $132 million for 2012, compared with a profit of $1.1 million in 2011, as revenue dropped by nearly $10 million to $54.9 million.

Greek container ship and bulk carrier owner Euroseas fell $1.4 million into the red in the second quarter as charter rates for the type of small box vessels it owns were stuck at lows last seen in the