Seanergy Maritime Announces Availability of its 2021 Annual Report on Form 20-F

Rhea-AI Summary

Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2021, with the U.S. Securities and Exchange Commission. The report details the Company's operations as a pure-play Capesize ship-owner, highlighting a fleet of 17 vessels with a total capacity of approximately 3,011,083 deadweight tons. The report can be accessed on the Company’s website under the Investor Relations section. Forward-looking statements in the press release caution investors about potential risks and uncertainties impacting future results.

Positive

• Annual Report on Form 20-F filed, providing detailed operational insights.
• Company is a pure-play Capesize ship-owner, indicating a focused business model.
• Fleet consists of 17 vessels, enhancing capacity to serve market demands.

Negative

• Forward-looking statements indicate potential risks, including impacts from COVID-19 and international conflicts.
• Company's financial performance may be affected by market conditions and operational uncertainties.

GLYFADA, Greece, April 01, 2022 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 (the “Annual Report on Form 20-F”) has been filed with U.S. Securities and Exchange Commission. The Annual Report on Form 20-F may also be accessed through the Company’s website, www.seanergymaritime.com, at the “Investor Relations” section under “Financial Reports”.

About Seanergy Maritime Holdings Corp.

Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels. The Company's operating fleet consists of 17 Capesize vessels with an average age of 12 years and aggregate cargo carrying capacity of approximately 3,011,083 dwt.

The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece. The Company's common shares trade on the Nasdaq Capital Market under the symbol “SHIP” and its Class B warrants under “SHIPZ”.

Please visit our company website at: www.seanergymaritime.com. 

Forward-Looking Statements

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events. Words such as "may", "should", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates" and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the Company's operating or financial results; the Company's liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations outside the United States; broader market impacts arising from war (or threatened war) or international hostilities, such as between Russia and Ukraine; risks associated with the length and severity of the ongoing novel coronavirus (COVID-19) outbreak, including its effects on demand for dry bulk products and the transportation thereof; and other factors listed from time to time in the Company's filings with the SEC, including its most recent annual report on Form 20-F. The Company's filings can be obtained free of charge on the SEC's website at www.sec.gov. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

For further information please contact:

Seanergy Investor Relations
Tel: +30 213 0181 522
E-mail: ir@seanergy.gr

Capital Link, Inc.
Paul Lampoutis
230 Park Avenue Suite 1536
New York, NY 10169
Tel: (212) 661-7566
E-mail: seanergy@capitallink.com

FAQ

When was the Annual Report on Form 20-F for Seanergy Maritime Holdings filed?

The Annual Report on Form 20-F was filed on April 1, 2022.

What is included in Seanergy Maritime's Annual Report for 2021?

The Annual Report includes details about the Company's fleet, business operations, and potential risks.

What is the significance of the ticker symbols SHIP, SHIPW, and SHIPZ?

SHIP is the common shares ticker, while SHIPW and SHIPZ are for Class B warrants.

How many vessels does Seanergy Maritime operate?

Seanergy Maritime operates a fleet of 17 Capesize vessels.

Where can I access Seanergy Maritime's Annual Report?

The report can be accessed on the Company's website under the 'Investor Relations' section.