Seanergy Maritime Holdings Corp. Announces Filing of Its Annual Report on Form 20-F
March 24 2010 - 3:00PM
Marketwired
Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP)
(NASDAQ: SHIPW) announced today that its Annual Report on Form 20-F
for the fiscal year ended December 31, 2009 has been filed with the
Securities and Exchange Commission and can be accessed on the
Seanergy Maritime Holdings Corp. website at
www.seanergymaritime.com at the Investor Relations section by
selecting Financial Reports.
Shareholders may also request a hard copy of the Form 20-F, free
of charge, by contacting the Company's Investor Relations, Capital
Link, at:
230 Park Avenue Suite 1536 New York, NY 10169 Tel. (212)
661-7566 E-mail: seanergy@capitallink.com
About Seanergy Maritime
Holdings Corp. Seanergy Maritime Holdings Corp., the
successor to Seanergy Maritime Corp., is a Marshall Islands
corporation with its executive offices in Athens, Greece. The
Company is engaged in the transportation of dry bulk cargoes
through the ownership and operation of dry bulk carriers.
The Company's initial fleet comprised two Panamax, two Supramax
and two Handysize dry bulk carriers that Seanergy purchased and
took delivery of in the third and fourth quarters of 2008 from
companies associated with members of the Restis family. In August
2009, the Company acquired a controlling interest in Bulk Energy
Transport (Holdings) Limited ("BET") which owns five drybulk
carriers, four Capesize and one Panamax.
As a result, the Company's current controlled fleet includes 11
drybulk carriers (4 Capesize, 3 Panamax, 2 Supramax and 2 Handysize
vessels) with a total carrying capacity of 1,043,296 dwt and an
average age of 14 years.
The Company's common stock and warrants trade on the NASDAQ
Global Market under the symbols SHIP and SHIP.W, respectively.
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 and the Company's growth strategy and
measures to implement such strategy. Words such as "expects,"
"intends," "plans," "believes," "anticipates," "hopes,"
"estimates," and variations of such words and similar expressions
are intended to identify forward-looking statements. Although the
Company believes that such expectations will prove to have been
correct, 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 scope and
timing of SEC and other regulatory agency review, competitive
factors in the market in which the Company operates; risks
associated with operations outside the United States; and other
factors listed from time to time in the Company's filings with the
Securities and Exchange Commission. The Company's filings can be
obtained free of charge on the SEC's website at www.sec.gov. 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 Maritime
Holdings Corp. Dale Ploughman Chief Executive Officer Tel: +30 210
9638461 E-mail: ir@seanergymaritime.com Investor Relations / Media
Capital Link, Inc. Paul Lampoutis 230 Park Avenue Suite 1536 New
York, NY 10169 Tel. (212) 661-7566 E-mail:
seanergy@capitallink.com
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