Seanergy Trade Idea: Leaning Long as Steel Demand Re-Prices Capesize Capacity
Seanergy (SHIP) is a small-cap Capesize owner that looks attractively valued on a P/E of ~6.1 and a $380M market cap. With freight rates tied to iron-ore flows and a recent run-up from the 2025 low, this trade idea targets upside if seaborne steel raw-material demand strengthens. Entry, stop and targets are explicit and time horizons are defined.