Pure-play capesize company Seanergy Maritime has confirmed its acquisition of an 11-year-old ship on the secondhand market and revealed the purchase of a younger vessel.

The US-listed outfit spent $55m on the two ships — in the latest deal to highlight the bullish state of the bulker markets.

Including a third recent capesize buy, Seanergy said it has increased its cargo capacity by nearly a third since the beginning of the year, bringing its fleet to 14 vessels.