“With the delivery of M/V Knightship, we successfully completed our acquisition plan for 20216,” said Stamatis Tsantanis, CEO of Seanergy. The company agreed to buy the ship in September 2016, bringing its fleet to eight capesizes and two supramaxes.

Tsantanis also said the company was continuing to look for acquisition activities. Seanergy recently raised US$13.38 million war chest in a public offering of 10 million new shares to be used to fund future purchases.

“We expect to continue the implementation of our business plan and grow our fleet even further,” said Tsantanis. “We are actively monitoring the market for acquisition opportunities of quality tonnage.”