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Seanergy Maritime Announces Availability of its 2022 Annual Report on Form 20-F

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Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) reported the filing of its Annual Report on Form 20-F for the fiscal year ending December 31, 2022. The report is accessible on the company’s website under the Investor Relations section. Seanergy is the only U.S.-listed pure-play Capesize ship-owner, operating a fleet of 16 vessels with an average age of 12.14 years and a cargo capacity of approximately 2,846,965 dwt. The company emphasizes its commitment to financial transparency and provides insights regarding potential operational and market risks.

Positive
  • Annual Report filed with SEC, ensuring compliance and transparency.
  • The only pure-play Capesize ship-owner listed in the U.S., enhancing its unique market position.
  • Fleet consists of 16 Capesize vessels with substantial cargo carrying capacity.
Negative
  • Average fleet age of 12.14 years may raise concerns over maintenance and operational costs.

GLYFADA, Greece, April 04, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “Annual Report”) has been filed with U.S. Securities and Exchange Commission. The Annual Report may also be accessed through Seanergy’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 U.S. Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels. The Company's operating fleet consists of 16 Capesize vessels with an average age of 12.14 years and aggregate cargo carrying capacity of approximately 2,846,965 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”.

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

What was the fiscal year end date for Seanergy Maritime's Annual Report?

The fiscal year ended on December 31, 2022.

Where can I find Seanergy Maritime's Annual Report?

It can be accessed on Seanergy's website under the Investor Relations section.

What is the cargo capacity of Seanergy Maritime's fleet?

The fleet has an aggregate cargo carrying capacity of approximately 2,846,965 dwt.

What is the average age of Seanergy Maritime's vessels?

The average age of the vessels in the fleet is 12.14 years.

What is Seanergy Maritime's stock symbol?

Seanergy Maritime trades under the symbol 'SHIP'.

Seanergy Maritime Holdings Corp.

NASDAQ:SHIP

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Marine Shipping
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United States of America
Glyfada