Seanergy Maritime agrees to buy two Japanese Capesize newbuildings for USD 158 million and sell M/V Squireship for USD 29.5 million

Reuters
Mar 19
Seanergy Maritime agrees to buy two Japanese Capesize newbuildings for USD 158 million and sell M/V Squireship for USD 29.5 million

Seanergy agreed to acquire a 181,500 dwt scrubber-fitted Capesize newbuilding from an unaffiliated party in Japan, with delivery expected between Q2 2027 and Q3 2027. The company also entered into a 10-year bareboat-in contract for a second 181,500 dwt scrubber-fitted Capesize newbuilding from the same Japanese shipyard, with delivery expected in Q1 2029. Seanergy estimated the combined acquisition cost of the two vessels at about USD 158 million, excluding interest payments under the bareboat scheme. Separately, Seanergy agreed to sell the 2010-built M/V Squireship to United Maritime for USD 29.5 million, with delivery expected between late April and early June 2026. The sale is expected to generate net cash proceeds of about USD 13.5 million after repayment of associated debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seanergy Maritime Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-010248), on March 18, 2026, and is solely responsible for the information contained therein.

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