Seaenergy Takes Two More Secondhand Bulkers

zoom Greek dry bulk shipping company Seanergy Maritime Holdings Corp. has taken delivery of one 2010-built Capesize and one 2011-built Supramax. The 170,057 dwt Capesize has been renamed to M/V Geniuship, and the 56,884 dwt Supramax has been renamed to M/V Guardianship. Both the Geniuship, built by Sungdong SB, and the Guardianship, built by CSC Jinling Shipyard, will be employed in the spot market. The acquisition cost of the two bulkers has been funded by senior secured loan agreements with international financial institutions and by a funding arrangement with Seaenergy’s sponsor. The Geniuship and the Guardianship are the third and the fourth of seven secondhand dry bulkers that the company had agreed to acquire back in August for a gross purchase price of approximately USD 183 million. Seaenergy expects to take delivery of the remaining three bulkers by the end of November 2015.