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06/07/2017Newscasts

Seanergy has faith in outlook for capesize market

Harry Papachristou
A little more than a year ago, Stamatis Tsantanis remembers well how futile it was to even try and have a conversation with potential investors about the dry bulk market.
“The minute I would spell out ‘dry b...’, I would instantly lose their attention,” said the chief executive of Nasdaq-listed Seanergy Maritime.
The market remains volatile but has definitely bottomed out. Seanergy is a typical example of a Greek dry bulk company that started raising capital and rebuilt a capesize fleet when there was still little faith in the sector...
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