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

Reuters
03/12
Seanergy Maritime to buy two Japanese Capesize newbuildings for USD 158 million and sell M/V Squireship for USD 29.5 million

Seanergy said it agreed to acquire a 181,500 dwt scrubber-fitted Capesize newbuilding from a Japanese seller, with delivery expected in Q2-Q3 2027. It also entered 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. The combined acquisition cost for the two vessels was estimated at about USD 158 million, assuming the purchase option on the second vessel is exercised. Separately, Seanergy agreed to sell the 2010-built Capesize vessel M/V Squireship to United Maritime for USD 29.5 million, with delivery expected between late April and early June 2026. The company said the sale is expected to generate net cash proceeds of about USD 13.5 million after debt repayment.

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 GlobeNewswire (Ref. ID: 202603120845PRIMZONEFULLFEED9670917) on March 12, 2026, and is solely responsible for the information contained therein.

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