- Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) has agreed to purchase a Capesize vessel for $34.3 million. The Vessel, built-in 2010 at a shipyard in Japan, has a cargo-carrying capacity of 181,500 deadweight tons and will be renamed M/V Dukeship.
- The company expects the M/V Dukeship delivery within November 2021. Following her delivery, Seanergy’s fleet will increase to 17 Capesize vessels with an aggregate cargo capacity exceeding 3 million dwt.
- Seanergy Maritime expects to fund the deal with cash on hand. It held cash and equivalent of $56.4 million.
- Recently the company completed the sale and delivery of its oldest Capesize Vessel, the M/V Leadership, 2001-built, to its new owners.
- Price Action: SHIP shares are trading higher by 0.76% at $1.31 on the last check Tuesday.
Kohl’s Q2 EPS $2.48 Beats $1.16 Estimate, Sales $4.45B Beat $3.99B Estimate
Kohl's (NYSE:KSS) reported quarterly earnings of $2.48 per share which beat the analyst consensus estimate of $1.16 by 113.79 percent. This is a 1092 percent increase over losses of $(0.25) per share from the same period