Seanergy Expands Its Fleet of Capesize Bulkers To 12

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Seanergy Maritime Holdings has entered into an agreement to acquire a secondhand Capesize vessel, says a press release published on their website.

Agreement info

Nasdaq-listed Greek Capesize bulker owner Seanergy has paid $17m for a Japanese-built (2006) cape, which will be renamed Traders. 

Seanergy expects delivery towards the end of this quarter or early next quarter, taking its fleet to 12.

Vessel details

The incoming vessel has recently had its special survey and ballast water system installation completed.

Seanergy CEO’s comment

Stamatis Tsantanis, chairman and CEO of Seanergy, commented: “We are pleased to announce another timely acquisition of a high-quality Capesize vessel built by a first-class shipyard in Japan. The addition of the M/V Tradership to our fleet is further increasing our operating leverage as a leading pure-play Capesize company.”

Pursue growth transactions 

Tsantanis hinted at further additions to the fleet saying, “We strongly believe that our segment represents the best fundamentals in the dry bulk industry. We will continue to actively pursue accretive growth transactions aiming to improve shareholder returns for the years to come.”

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Source: Seanergy