Seanergy Maritime plans to hold onto its purse strings while waiting for the down capesize market to rebound.
The Athens-based company is holding off on any fleet expansion plans while rates for the large ships remain very low following the late January failure of one of Vale's tailing dams.
Seanergy is requiring charterers to cover $12.5m in scrubber costs but still wants to see the market recover before writing cheques for more ships, chief executive Tsantanis says.
