Seanergy Maritime Holdings Corp. has expanded its fleet investment programme with the acquisition of four additional bulk carriers, comprising two newbuildings and two secondhand vessels, as the Nasdaq-listed dry bulk owner continues to strengthen its presence in the Capesize and Newcastlemax segments.
The latest acquisitions were disclosed in the company’s third-quarter update. The vessels are scheduled for delivery between 2027 and 2029.
The secondhand acquisitions include a 2019-built Japanese Capesize vessel of 180,000 dwt, which will be renamed Midnightship, and a 2014-built Japanese Newcastlemax vessel of 210,000 dwt.
The company has also contracted a scrubber-fitted Newcastlemax vessel of 210,000 dwt at China’s Hengli Shipbuilding, along with a scrubber-fitted Capesize vessel of 181,000 dwt currently under construction in Japan.
With these additions, Seanergy’s investment programme now covers 12 vessels, comprising nine newbuildings and three secondhand ships, representing approximately 2.3 million dwt of additional capacity.
Seanergy has already paid $127.4 million towards the programme, with approximately $727.6 million in remaining financial commitments extending through 2029.
In a separate development, Seanergy has agreed on the principal terms for the sale of its 2009-built Capesize vessel Friendship to its spinoff, United Maritime Corporation, for $33 million.
The transaction, agreed in November, remains subject to lender approval and the completion of final documentation. Upon completion, Seanergy expects to generate approximately $19.6 million in net cash proceeds and recognise an accounting gain of around $12.4 million.
Meanwhile, United Maritime is continuing to reposition its fleet towards larger bulk carriers. The company has secured a 2027 charter for its vessel Squireship at a daily rate exceeding $29,100, following an earlier charter arrangement for Dukeship at more than $35,000 per day.
Together, the two vessels are expected to generate approximately $23.1 million in contracted gross charter hire during 2027.
The latest developments highlight Seanergy’s continued investment in larger, modern bulk carriers, while United Maritime focuses on strengthening its earnings visibility through higher-value vessel deployments and forward charter coverage.