Seanergy Maritime Holdings Corp. reported the successful completion of the previously announced sale and purchase agreements. On November 22 , 2018 the company took delivery of the M/V Fellowship, a 179, 759 deadweight ton (“ dwt ”) Capesize dry bulk vessel, built in 2010 at Daewoo Shipbuilding in South Korea.
Seanergy Maritime entered into the agreement to acquire the M/V Fellowship in August 2018. Furthermore, Seanergy Maritime has completed the sales of two Chinese built Supramax vessels. Specifically, the M/V Gladiatorship, built in 2010 at CSC Jinling Shipyard , was delivered to its new owners on October 11, 2018 and the M/V Guardianship, built in 2011 at the same yard, was delivered to its new owner on November 19, 2018. The acquisition of the M/V Fellowship was financed by a combination of cash on hand and a senior loan facility.
The existing lender of the two sold Supramax vessels agreed to rollover the underlying loan amount by fund ing the acquisition of the M/V Fellowship on substantially the same terms . The M/V Fellowship is currently on time - charter to a major European charterer at a gross daily rate of $17,150 , with latest redelivery in January 2019.