Seanergy Maritime Holdings Corp. to Host an Investor Day on September 9, 2010 in New York City
August 31 2010 - 11:30AM
Marketwired
Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP)
(NASDAQ: SHIPW) announced today that the Company's Chairman and
Chief Executive Officer, Dale Ploughman, will host an Investor Day
Event on Thursday, September 9, 2010 at 2:00pm in New York City.
Registration will begin at 1:30pm EDT.
If you would like to attend this event, please contact our
investor relations advisor, Capital Link at 212-661-7566 or by
email at seanergy@capitallink.com.
A copy of the event's presentation will be available under the
Investor Relations Section of Seanergy's website at
www.seanergymaritime.com the day following the event.
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,
one Handymax and one 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, which owns four Capesize and
one Panamax dry bulk carriers. In May 2010, the Company acquired a
controlling interest in Maritime Capital Shipping Limited, which
owns nine Handysize dry bulk carriers. In August 2010 the Company
entered into letters of intent for the acquisition of the remaining
ownership percentages in each of Bulk Energy Transport (Holdings)
Limited and Maritime Capital Shipping Limited. The acquisitions are
expected to close by September 15th 2010.
Following the acquisitions the Company will own a fleet of 20
drybulk carriers (four Capesize, three Panamax, two Supramax and
one Handymax and ten Handysize vessels) with a total carrying
capacity of approximately 1,292,544 dwt and an average fleet age of
12.8 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 Securities and Exchange Commission ("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 SEC. 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
Christina Anagnostara Chief Financial 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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