Seanergy Maritime Hlds

Seanergy Maritime Holdings Corp. is an international shipping company, which engages in the seaborne transportation of dry bulk commodities. It focuses on the owning and management of a fleet of Capesize bulk carriers. The company was founded on January 4, 2008 and is headquartered in Athens, Greece.

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Seanergy Maritime reports resilient Q4 performance amidst market challenges

Seanergy Maritime navigated challenges in 2022 to deliver strong financial results and prioritize shareholder rewards.
Optimizing the fleet, establishing ESG initiatives, and maintaining a balanced capital allocation approach position the company for future growth.
Despite market uncertainties, Seanergy Maritime's focus on liquidity, debt management, and shareholder value creation sets a positive trajectory for the company.

Seanergy Maritime reports Q1 results, plans vessel acquisitions and refinancing

Seanergy Maritime Holdings navigated challenges from COVID-related market weakness and announced strategic growth initiatives and financial results.
Chairman's personal investment, completed refinancing transactions, and market rebound post-China reopening showcase resilience and adaptability.
The company faces challenges in vessel orders, market uncertainties, and the need for clear strategic planning amidst ongoing market volatility.

Seanergy Maritime excels in Q2, poised for growth amid market rebound

Seanergy Maritime Holdings Corp. delivered robust Q2 results, showcasing operational excellence and financial strength amidst a recovering Capesize market.
With a focus on shareholder rewards, fleet optimization, and debt reduction, the company is well-positioned to capitalize on market opportunities and drive sustainable growth.
While challenges such as market volatility and capital allocation exist, Seanergy's proactive approach and positive market outlook offer promising prospects for future expansion and value creation.

Seanergy Maritime reports resilient performance amidst market challenges

Seanergy Maritime Holdings Corp. navigated challenging market conditions in Q3 2023, maintaining cash reserves and approving a quarterly dividend. The company's strategic focus on energy efficiency, effective hedging, and managing debt levels positions it for future growth. Despite facing challenges, Seanergy remains optimistic about the market outlook and aims to prioritize cash flow and dividends.

Seanergy Maritime reports robust earnings, eyes growth amid market volatility

Seanergy Maritime Holdings Corp. delivered strong financial results in Q4 2023, with a notable increase in net income and dividend payout. The company's focus on debt reduction, fleet expansion, and profitability improvement sets a positive trajectory for future performance.

Seanergy Maritime reports record Q1 profits, eyes market opportunities

Seanergy Maritime Holdings Corp. delivered exceptional financial results in Q1 2024, marked by record profitability and robust revenue growth, supported by favorable market conditions.
The company's prudent financial management, strategic acquisitions, and focus on shareholder returns position it well for continued success amidst market opportunities and challenges.
While maintaining a strong financial position and capitalizing on market strengths, Seanergy remains attentive to potential challenges and focused on leveraging growth opportunities for sustained performance.

Seanergy Maritime reports record Q2 earnings, eyes Capesize market growth

Seanergy Maritime Holdings Corp. delivered robust financial results in Q2 2024, driven by a record net income and increased revenues.
The company's revised dividend policy and focus on shareholder value enhancement reflect a commitment to maximizing returns.
Despite market challenges, Seanergy Maritime remains optimistic about the Capesize market outlook and is strategically positioned for growth.

Seanergy Maritime reports robust Q3 earnings and strategic growth moves

Seanergy Maritime's Q3 performance reflects financial strength and operational resilience, supported by strategic acquisitions and shareholder-friendly initiatives.
While facing challenges in operational efficiency and capital allocation decisions, the company is well-positioned to leverage market opportunities and sustain growth.
With a focus on maximizing shareholder value, Seanergy Maritime navigates industry trends and market dynamics to drive continued success and value creation.

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Seanergy Maritime Holdings Corp (SHIP) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.40 per share a year ago.

Seanergy Maritime Holdings Corp (SHIP) Q2 Earnings and Revenues Surpass Estimates

Highlights           (in million USD, except EPS)   Q2 2023 Q2 2022 6M 2023 6M 2022 Net Revenues   $28.3 $32.8 $46.4 $62.5 Net income / (loss)   $0.7 $5.9 ($3.5) $9.6 Adjusted net income1   $3.4 $7.1 $3.1 $14.8 EBITDA1   $12.7 $16.1 $20.9 $29.0 Adjusted EBITDA1   $15.7 $17.3 $19.6 $34.2             Earnings / (loss) per share Basic1, 2   $0.03 $0.34 ($0.20) $0.56 Earnings / (loss) per share Diluted1,2   $0.03 $0.33 ($0.20) $0.54 Adjusted earnings per share Basic1,2     $0.18 $0.41 $0.16 $0.86 Adjusted earnings per share Diluted1,2   $0.18 $0.40 $0.16 $0.83             Other Highlights and Developments: Fleet Time Charter Equivalent (“TCE” 3 ) overperformance of Baltic Capesize Index (“BCI”) by 20% in 2Q23 & 1H23 Quarterly cash dividend of $0.025 per share for Q2 2023 - total cash dividends of $1.325 per share or $23.9 million declared since March 2022 Stock buyback of $1.6 million, or approximately 2% of its issued and outstanding shares – total repurchases of securities (common shares, convertible notes and warrants) of approximately $39.6 million since November 2021 Agreement to acquire a 2011-built Newcastlemax dry bulk vessel through a 12-month bareboat charter with a purchase option $53.8 million in refinancings during the second quarter, on improved terms, adding $15.0 million of extra liquidity and removing any loan maturities until Q2 2025 ATHENS, Greece, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP), announced today its financial results for the second quarter and six months ended June 30, 2023. The Company also declared a quarterly dividend of $0.025 per common share for the second quarter of 2023.

Seanergy Maritime Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023 and Declares Dividend of $0.025 Per Share

Earnings Release: Wednesday, August 2, 2023, Before Market Open in New York Conference Call and Webcast: Wednesday, August 2, 2023 , at 10:00 a.m. Eastern Time

Seanergy Maritime Announces the Date for the Second Quarter Ended June 30, 2023 Financial Results, Conference Call and Webcast

Seanergy Maritime Holdings Corp (SHIP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Seanergy Maritime Holdings Corp (SHIP) Moves 7.2% Higher: Will This Strength Last?

The decision by Seanergy's (SHIP) management to enter into a 12-month charter agreement highlights its expansion-oriented approach. The update on share repurchase is also encouraging.

Seanergy (SHIP) Stock Up on Repurchase Update & Charter Deal

GLYFADA, Greece, July 06, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it has repurchased 362,161 common shares, or approximately 2% of its issued and outstanding shares, at an average price of approximately $4.35 per share pursuant to its previously announced share repurchase program. The average share repurchase price represents approximately a 11.2% discount from the closing price of July 5, 2023.

Seanergy Maritime Announces Repurchases of $1.6 Million of Common Shares and Agreement to Acquire a Newcastlemax Vessel through a Bareboat-in Charter

In late May, shares of Greece-based Capesize pure play Seanergy Maritime Holdings sold off to new all-time lows after the company reported seasonally weak first-quarter results. Since that time, Capesize charter rates have moved even lower but Seanergy's common shares have rallied approximately 20% over the past couple of weeks. After the close of Wednesday's session, an entity affiliated with Costamare Inc.'s Chairman and CEO Konstantinos V. Konstantakopoulos disclosed a new 5.1% stake in the company.

Seanergy Maritime Holdings: Costamare CEO Surprisingly Discloses 5.1% Stake - Buy

GLYFADA, GREECE / ACCESSWIRE / June 13, 2023 / Seanergy Maritime Holdings Corp. (NASDAQ:SHIP), the only pure-play Capesize shipping company listed on U.S. markets, has released its Q1 financial results and issued a share dividend of $0.025 per share. Its spinoff, United Maritime Corp., also released Q1 financial results, with a share dividend of $0.075 per share.

Seanergy Maritime (NASDAQ:SHIP) & Spinoff United Maritime Q1 Financial Results: Both Companies Announce Dividends And Expect Improved Profitability Based On Positive Sector Outlook

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP ) Q1 2023 Earnings Conference Call May 25, 2023 10:00 AM ET Company Participants Stamatis Tsantanis – Chairman and Chief Executive Officer Stavros Gyftakis – Chief Financial Officer Conference Call Participants Tate Sullivan – Maxim Group Kristoffer Skeie – Arctic Securities Operator Thank you for standing by, ladies and gentlemen, and welcome to the Seanergy Maritime Holdings Corporation Conference Call on the First Quarter Ended May 31, 2023 Financial Results. We have with us, Mr.

Seanergy Maritime Holdings Corp. (SHIP) Q1 2023 Earnings Call Transcript

Highlights   (in million USD, except EPS) Q1 2023 Q1 2022 Net Revenues $18.0 $29.7 Net (loss) / income ($4.2) $3.7 Adjusted net (loss) / income1 ($0.3) $7.7 EBITDA1 $8.2 $12.8 Adjusted EBITDA1 $3.9 $16.8       (Loss) / earnings per Share Basic1, 2 ($0.23) $0.21  (Loss) / earnings per Share Diluted1,2 ($0.23) $0.21 Adjusted (loss) / earnings per share Basic1,2   ($0.02) $0.44 Adjusted (loss) / earnings per share Diluted1,2 ($0.02) $0.43 Other Highlights and Developments: Quarterly cash dividend of $0.025 per share for Q1 2023 - resulting in total cash dividends of $1.30 per share or $23.4 million declared since March 2022, in addition to the spin-off and distribution of shares of United Maritime Corporation in July 2022 New financing and refinancing transactions of $53.8 million on improved terms adding approx. $15.0 million of extra liquidity Elimination of 92% of the original $38.7 million convertible note, following the $8.0 million repayment in Q1 2023 $0.85 million open market common shares purchases by Seanergy's management Repurchased 47% of the outstanding Class E Warrants through a tender offer ATHENS, Greece, May 25, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP), announced today its financial results for the first quarter ended March 31, 2023, and declared a quarterly dividend of $0.025 per share for the first quarter of 2023.

Seanergy Maritime Reports Financial Results for the First Quarter Ended March 31, 2023 and Declares Quarterly Dividend of $0.025 Per Share

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”.

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

Shares take a hit after the company reported better-than-expected fourth quarter results but provided a weak Q1 outlook and reduced its quarterly dividend by 90%. After dropping to new multi-year lows in February, the Baltic Capesize Index has rallied by more than 200% in recent weeks.

Seanergy Maritime: Strong Buy With Negative Catalysts Now In The Rear View Mirror

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP ) Q4 2022 Earnings Call Transcript March 14, 2023 10:00 AM ET Company Participants Stamatis Tsantanis - Chairman & Chief Executive Officer Stavros Gyftakis - Chief Financial Officer Conference Call Participants Tate Sullivan - Maxim Group J Mintzmyer - Value Investor's Edge Kristoffer Skeie - Arctic Operator Thank you for standing by, ladies and gentlemen, and welcome to the Seanergy Maritime Holdings Corp. Conference Call on the Fourth Quarter and Year Ended 31 December, 2022 Financial Results. We have with us Mr.

Seanergy Maritime Holdings Corp. (SHIP) Q4 2022 Earnings Call Transcript

Quarterly cash dividend of $0.025 per share for Q4 2022 - resulting in total cash dividends of $1.275 per share or $22.9 million declared since April 2022.

Seanergy Maritime Reports Financial Results for the Fourth Quarter and Twelve Months Ended December 31, 2022

GLYFADA, Greece, March 10, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it will release its financial results for the fourth quarter and year ended December 31, 2022, prior to the open of the market in New York on Tuesday, March 14, 2023.

Seanergy Maritime Announces the Date for the Fourth Quarter and Year Ended December 31, 2022 Financial Results, Conference Call and Webcast

GLYFADA, Greece, March 06, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it has received written notification from the Nasdaq Listing Qualifications department of The Nasdaq Stock Market, confirming that the Company has regained compliance with the Nasdaq Listing Rule 5550(a)(2) concerning the minimum bid price of the Company's common stock and the matter is now closed.

Seanergy Maritime Regains Compliance with Nasdaq Minimum Bid Price Requirement

GLYFADA, Greece, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that its Board of Directors (the “Board”) has determined to effect a 1-for-10 reverse stock split of the Company's issued and outstanding shares of common stock, effective at the opening of trading on February 16, 2023. At the special meeting of the shareholders of the Company held on February 7, 2023, Seanergy's shareholders approved a reverse stock split by a ratio of not less than 1-for-8 and not more than 1-for-12 and granted the Board the authority to determine to effect the reverse stock split and the exact split ratio within this range. The Board approved the reverse stock split on February 9, 2023.

Seanergy Maritime Announces Effective Date of Reverse Stock Split and Additional Open-Market Stock Purchase Plan by the CEO

GLYFADA, Greece, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today an aggregate of $8.8 million of buybacks of its securities consisting of:

Seanergy Maritime Announces Completion of Recent Initiatives to Increase Shareholders' Value and Special Meeting of Shareholders on February 7, 2023

GLYFADA, Greece, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today the final results of its tender offer to purchase all outstanding Class E Warrants at a price of $0.20 per warrant (the “Offer”), net to the seller in cash, less any applicable withholding taxes and without interest. The tender offer expired at 5:00 P.M., Eastern Time, on January 10, 2023.

Seanergy Maritime Announces Final Results of Successful Self Tender Offer for its Outstanding Class E Warrants

GLYFADA, Greece, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today the preliminary results of its tender offer to purchase all outstanding Class E Warrants at a price of $0.20 per warrant (the “Offer”), net to the seller in cash, less any applicable withholding taxes and without interest. The tender offer expired at 5:00 P.M., Eastern Time, on January 10, 2023.

Seanergy Maritime Announces Successful Self Tender Offer for its Outstanding Class E Warrants and Preliminary Results

GLYFADA, Greece, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it will participate in Capital Link's Corporate Presentation Webinar Series.

Seanergy Maritime to Present at Capital Link's Corporate Presentation Series

Discussing strategic decision to unload its two oldest vessels to recent spin-off United Maritime for $36.25 million thus effectively skimming most of the proceeds from a recent product tanker sale. Company has acquired the former Navios Obeliks, a 2012 Japan-built, scrubber-fitted Capesize carrier at a gross purchase price of $31 million.

Seanergy Maritime: Dropping Down Additional Vessels To Spin-Off United Maritime

GLYFADA, Greece, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today the acquisition of a 2012-built Capesize vessel (the “Vessel”) from a major Japanese company and the simultaneous commencement of its period employment.

Seanergy Maritime Announces Acquisition of a Scrubber-Fitted Capesize Vessel with Immediate Period Employment and the Sale of the two Oldest Vessels of the Fleet

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GLYFADA, Greece, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today the release of its Environmental, Social and Governance Report (the “ESG Report”), for the year ended December 31, 2021.

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