Declared a quarterly dividend of USD 0.35 per share, its 19th consecutive distribution; cumulative capital returned reached USD 108.4 million.
Fleet renewal and financing
Expanded its fleet renewal and growth program to USD 591 million across eight Capesize and Newcastlemax vessels, including two Japanese-built acquisitions for about USD 130 million.
Completed a EUR 100 million five-year unsecured corporate bond offering; guided for Q3 TCE of about USD 31,000 per day.
Q2 results and revenue growth
Seanergy Maritime posted Q2 net income of USD 26.2 million, swinging from a profit of USD 2.9 million a year earlier; EPS rose to USD 1.21 from USD 0.14.
Revenue climbed 48.6% to USD 55.7 million, while fleet TCE increased 63% to USD 32,355 per day.
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