Seanergy Maritime Holdings has turned a profit for the first time since the company was rebooted in 2015.

The Stamatis Tsantanis-led owner of 16 capesize bulkers achieved the feat thanks to attaining higher spot rates in a strong dry bulk market.

Seanergy sells and leases back two capesize bulkers and fixes another on period contract
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Seanergy narrows loss due to higher capesize rates, but debt still expensive
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New York-listed Seanergy reported a $600,000 profit for the first six months of 2021 versus a $16.9m