Seanergy Maritime Holdings has taken out a $16.9m sustainability-linked loan facility to cover half the cost of a secondhand capesize bulker it bought in late May.

The New York-listed owner of 17 capesizes purchased the 181,000-dwt, 2012-built ship, which it renamed Worldship, on 24 May from a Japanese shipyard for $33.7m.

The loan "from a leading European bank" will amortise over five years with a final balloon payment of $6.1m