Seanergy Maritime Completes Retrofit

Maritime Activity Reports, Inc.

August 1, 2019

Pic: Seanergy Maritime Holdings

Pic: Seanergy Maritime Holdings

The drydocking of the vessel M/V Lordship was completed yesterday (August 01), marking the first milestone in Seanergy Maritime Holdings' scrubber and ballast water treatment system (BWTS) installation program.

The Greece-based international shipping company said in a stock exchange announcement that the dry docking of the M/V Partnership is currently ongoing.

"Three vessels will follow within August, September and October 2019, respectively, in line with our initial installation schedule," said the provider of marine dry bulk transportation services through the ownership and operation of dry bulk vessels.

"In addition, we have agreed with one of our existing charterers, to install various energy saving devices, including a Mewis Duct on one of our vessels," it said.

The charterer will fully fund all the upgrades and the optional period under the underlying long-term time charter will be extended by 8 to 9 months.

Through the optional period the Company will be entitled to receive a premium over the agreed index-linked hire depending on the improvement in the fuel consumption realized, it said.

Maritime Reporter Magazine Cover Aug 2019 - The Shipyard Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News