Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) announced that it has taken delivery of a 177,536 dwt Capesize dry bulk vessel, renamed to M/V Goodship and built in 2005 by Mitsui Engineering & Shipbuilding Co. Ltd. in Japan. The Company funded the gross purchase price of $11.4 million with cash on hand as sourced through its recent capital markets activities.
Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated:
“We are pleased with the successful delivery of our eleventh cape vessel. This acquisition was agreed at what we believe to be a historically low purchase price, while the delivery is well timed as it is completed during a strong Capesize market with spot rates at approximately $20,000 per day.
Seanergy is the only shipping company publicly listed in the US with a pure-play Capesize fleet. We strongly believe that our segment represents the best fundamentals in the dry bulk industry. We will continue to actively pursue accretive transactions that will further increase value for our shareholders.”
Source: Seanergy Maritime