Seanergy Acquires Its 15th Modern Capesize Vessel

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Seanergy Maritime Holdings Corp. acquires its 15th Capesize vessel and receives a Bank commitment letter, says a press release published on their website.

Fleet and capacity to increase 

Upon delivery of this acquisition, as well as the previously announced vessel purchases, the size of the Company’s fleet will increase to 15 Capesize vessels with an aggregate cargo capacity of approximately 2.65 million dwt.

Regarding the loan

The Company received a commitment letter from a European Bank for a $15.5 million loan
facility secured by two of its Capesize vessels, the M/V Goodship and the M/V Traders.

The loan will have a tenor of four years from the drawdown date and will bear interest at 4.0% plus LIBOR per annum.

The loan remains subject to customary conditions precedent and execution of definitive documentation. Seanergy is also in advanced discussions with leading financial institutions for further financing transactions at competitive terms.

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Source: Seanergy