Seanergy strikes ‘milestone’ deal with double Japanese buy

Nasdaq-listed Seanergy Maritime Holdings Corp. capesize and newcastlemax owner expands its fleet portfolio with a Japanese-built newcastlemax vessel and a Japanese-built capesize vessel. The shipowner has agreed with undisclosed third parties in Japan to buy the vessels at a total cost of around $69m. The second Japanese capesize vessel comes with a bareboat charter and a purchase obligation.   

The Stamatis Tsantanis-led Seanergy is buying a newcastlemax, built in 2013 at Imabari Shipbuilding, Saijo Shipyard, with a cargo-carrying capacity of approximately 207,851-dwt. The vessel will be renamed Meiship and is expected to be delivered within the first quarter of 2025, subject to customary closing conditions. 

Furthermore, the company is buying a 2011-built at Mitsui SB capesize vessel (178,459 dwt), through a bareboat charter agreement.