Seanergy expands capesize newbuilding program with two additional bulk carriers

US-listed Greek owner Seanergy Maritime is accelerating its capesize newbuilding program, adding two bulk carriers at Chinese yards and raising its total investment in new tonnage to about $226m, Splash 247 reports. The move strengthens the company’s exposure to the capesize segment and supports its fleet renewal strategy.

 

Under the leadership of CEO Stamatis Tsantanis, Seanergy has now secured three scrubber-fitted bulkers for delivery between 2027 and 2028, following its first-ever newbuilding order placed in October.

 

In January, the company contracted a 181,500 dwt capesize at Hengli Shipbuilding in Dalian for around $75.2m. The vessel will join a sister ship ordered earlier at the same yard, with delivery scheduled for the third quarter of 2027.

 

Seanergy also signed a deal with Jiangsu Hantong Ship Heavy Industry Co for a 211,000 DWT scrubber-fitted newcastlemax valued at approximately $75.8m. The ship is due in the second quarter of 2028.

 

All three bulkers will feature modern, fuel-efficient designs aimed at lowering emissions and improving consumption, in line with the company’s decarbonisation plans.

 

Alongside the orders, Seanergy agreed to dispose of the 2010-built Dukeship via an 18-month bareboat charter to United Maritime. United paid a $5.5m advance, will hire the vessel at $9,450 per day, and must purchase it for $22.1m at the end of the charter.

 

Mr Tsantanis pointed to firm iron ore and bauxite demand, limited newbuilding supply and favourable ton-mile trends as key drivers supporting the capesize market outlook into 2026.

 

Picture: Seanergy Maritime