Seanergy buys Japanese capesize newbuild and secondhand for $130m

Nasdaq-listed capesize and newcastlemax owner Seanergy Maritime Holdings has agreed to buy two Japanese-built capesize vessels, a newbuilding and a modern 2022-built vessel, for aggregate consideration of approximately $130m. 

The acquisitions comprise of one 181,000-dwt scrubber-fitted capesize newbuilding, expected to be delivered between the first and second quarters of 2029, and a 182,162-dwt capesize vessel built in 2022, with forward delivery expected between the fourth quarter of 2028 and the second quarter of 2029.

The company has already paid a deposit of 5% of the purchase price for the capesize newbuilding. It has also agreed to pay 35% in three instalments by November 2028 and the remaining 60% upon delivery of the vessel.

Concerning the 2022-built capesize vessel, the agreement involves a 10%