Seanergy Maritime Holdings is adding another capesize to its pure-play fleet of bulkers, banking on high iron ore demand from the US and China.
The Stamatis Tsantanis-led owner said it has bought the unnamed 2005-built, 177,536-dwt unit from "Far Eastern sellers" for $11.4m in cash.
Seanergy did not name the vessel, but it looks to be the K Line-operated Cape Baltic, which was reported sold by Singapore's Celeste Holding to unknown Indonesian interests in mid-May for $10.5m,
