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06/01/2017Press Releases

Seanergy Maritime Holdings Corp. Announces Delivery of the Capesize Vessel M/V Partnership

June 1, 2017 - Athens, Greece - Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP), announced today that on May 31, 2017 it took delivery of the M/V Partnership, a 179,213 dwt Capesize dry bulk vessel, built in 2012 by Hyundai in South Korea. The Company entered into the agreement to acquire the M/V Partnership in April 2017. The Company funded the gross purchase price of $32.65 million by a secured loan facility from a European bank and from financing arrangements with the Company’s sponsor. 

Stamatis Tsantanis, Seanergy’s CEO, commented:
“We are pleased to take  delivery  of another modern Capesize vessel. We remain committed to expanding our quality fleet in the Capesize segment, which we strongly  believe  represents  the  best fundamentals  in  the  dry bulk  industry.  We  will  continue  to  actively pursue accretive acquisition opportunities of quality Capesize vessels with an aim of increasing value for our shareholders.

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