Seanergy Maritime has completed a previously announced IMO 2020 compliance plan in which charterers picked up the $14m tab on putting open-loop scrubbers on half of its 10 capesizes.

"We are in discussions with some of our charterers to potentially expand this agreement to some additional ships," chief executive Stamatis Tsantanis told TradeWinds.

The owner placed the retrofit ships on longterm fixtures in 2018 and 2019, the latest starting 19 December 2019.