NEWS

			

			
$uri_parts (array)
0 news/press-releases/article-00E1A822BC/
$segments (array)
0 news
1 press-releases
2 article-00E1A822BC
08/25/2015Press Releases

SEANERGY MARITIME HOLDINGS CORP. ANNOUNCES AGREEMENT TO ACQUIRE SEVEN DRY BULK VESSELS

“We are very pleased to announce a transformational transaction for Seanergy that significantly increases our fleet size from one to eight vessels, exceeding 1.1 million DWT of combined cargo-carrying capacity. We also believe that the timing of this acquisition is optimal given the positive long term fundamentals of the dry bulk sector and, in particular, of the Capesize segment. Additionally, we have achieved advantageous terms with our lenders that will enable us to materially improve our cash flow at a time when the dry bulk markets are still recovering. Seanergy will continue to cautiously pursue acquisition opportunities that we believe can further enhance value for our shareholders.”
Link To PDF