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02/08/2012Press Releases

SEANERGY MARITIME HOLDINGS CORP. RECEIVES WAIVERS ON CITIBANK LOAN FACILITY

Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today the finalization agreement on certain covenant waivers of the loan facility by and among Bulk Energy Transport (Holdings) Limited, the Company’s subsidiary, and Citibank International plc, as agent of the lenders. As previously announced, the lenders have agreed to waive all covenants of the loan facility until January 1, 2013 and grant waivers on all previous covenant breaches.
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