The story
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 in Greece in 1837. The first vessel he owned was Ypapanti, a 700-ton wooden, sail vessel that was built in Chios 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.
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 in 1878. A few other ships followed. Some were entrusted initially to brothers of N. F. Pittas and subsequent purchases to his sons.
From Wikipedia’s article on Euroseas (company), shared under CC BY-SA 4.0.6