Seanergy Maritime is closing in on the purchase of a capesize bulker which has been in the company’s sights for several months.

US-listed Seanergy was initially reported to have bought the 180,000-dwt CPO Asia (built 2011) from German administrators back in May this year for between 29m and $30m.

Now, brokers’ reports have surfaced that it has secured the Daewoo Mangalia built bulker at a lower price of $25.5m.