Seanergy Maritime Adds Capesize Bulker

Athens-based dry bulk shipping specialist Seanergy Maritime Holdings has taken delivery of a 178,838 dwt Capesize dry bulk vessel, renamed to M/V Lordship and built in 2010 by Hyundai Heavy Industries in South Korea. 

The M/V Lordship is the first of two Capesize vessels that the company has agreed to acquire for a gross purchase price of USD 20.75 million per vessel.

The second Capesize vessel, of 178,978 dwt and to be renamed M/V Knightship, also built in 2010 by Hyundai Heavy Industries, is expected to be delivered to the company during December 2016.

According to data provided by VesselsValue, the ships in question are the ER Bayern and ER Bavaria.

The vessels are a part of Hamburg-based ship management company E.R. Schiffahrt’s fleet of 20 bulk carriers which have a total carrying capacity of 2.2 million dwt.

Including the newly-delivered M/V Lordship, Seanergy Maritime currently owns a modern fleet of a total of nine dry bulk carriers, consisting of seven Capesizes and two Supramaxes, with a combined cargo carrying capacity of approximately 1,324,391 DWT and an average fleet age of about 7.9 years.