Welcome to our dedicated page for SEANERGY MARITIM news (Ticker: SHIPW), a resource for investors and traders seeking the latest updates and insights on SEANERGY MARITIM stock.
SEANERGY MARITIM (SHIPW) is a leading maritime shipping company specializing in vessel chartering and fleet optimization. This page serves as the definitive source for all official news and press releases related to the company's operations, financial performance, and strategic developments.
Investors and industry professionals will find timely updates on earnings announcements, charter contract agreements, fleet expansion initiatives, and market positioning strategies. Our curated collection includes critical updates on TCE rate guidance, regulatory compliance measures, and operational efficiency milestones.
Key content categories include quarterly financial results, partnership announcements, vessel acquisition disclosures, and analyses of global shipping market trends. The resource enables stakeholders to track the company's adaptation to freight rate fluctuations and environmental regulations within the maritime sector.
Bookmark this page for streamlined access to SEANERGY MARITIM's evolving business narrative. Check regularly for verified updates that provide insights into the company's operational resilience and market leadership in maritime logistics.
Seanergy Maritime (NASDAQ: SHIP) reported Q3 2025 results and declared a quarterly cash dividend of $0.13 per share (16th consecutive), totaling $2.44 per share and $46.9 million in aggregate distributions. Q3 net revenues were $47.0M with Q3 TCE of $23,476/day; nine-month net revenues were $108.7M and 9M TCE was $19,031/day. Adjusted EBITDA was $26.6M in Q3 and $52.8M for 9M. Cash and restricted cash totaled $36.8M; stockholders’ equity was $271.3M and long-term debt net was $287.5M. The company entered its first newbuilding contract at $75M, delivery H1 2027, and sold a vintage Capesize, releasing ~$12.0M liquidity.
Seanergy Maritime (NASDAQ: SHIP) will release its third quarter and nine months ended September 30, 2025 financial results before market open on Thursday, November 13, 2025. Senior management will review results on a conference call and live webcast the same day at 10:00 a.m. Eastern Time. Participants should register on Seanergy’s investor website about 10 minutes before the webcast; a live audio webcast and archived recording will be available under the Webcast & Presentations section of the Investor Relations page. The company provides options to register for the call or request a callback number through the registration links on its website.
Seanergy Maritime (NASDAQ: SHIP) has announced two significant developments: the profitable sale of its Capesize vessel M/V Geniuship and the expiration of its Class E warrants. The company sold the 170,057 dwt vessel for $21.6 million, generating net cash proceeds of $12.0 million and an expected accounting profit of $2.5 million for Q3 2025.
The strategic sale was completed on September 10, 2025, ahead of the vessel's scheduled dry-docking, resulting in significant capital expenditure savings. Additionally, all of Seanergy's outstanding warrants have now expired, with the Class E warrants terminating on August 20, 2025, following the Class D warrants' expiration in April 2025. This development removes potential dilution risks and streamlines the company's capital structure.
Seanergy Maritime (NASDAQ:SHIP) reported Q2 2025 financial results, showing a return to profitability with net income of $2.9 million despite market volatility. The company generated net revenues of $37.5 million, down from $43.1 million in Q2 2024, and achieved an Adjusted EBITDA of $18.3 million.
The company's fleet of 21 Capesize vessels achieved a daily Time Charter Equivalent of $19,807, outperforming the Baltic Capesize Index by 6%. Seanergy declared its 15th consecutive quarterly dividend of $0.05 per share. Year-to-date, the company completed $110.6 million in financings and refinancings, maintaining a loan-to-value ratio of approximately 50%.
For Q3 2025, approximately 62% of available days are fixed at $22,375 per day, with a projected total fleet TCE of $23,081. Seven vessels will earn an average fixed rate of about $22,400 for the second half of 2025.
Seanergy Maritime Holdings (NASDAQ: SHIP) has scheduled its second quarter and six months 2025 financial results announcement for Tuesday, August 5, 2025, before the New York market opens.
The company will host a conference call and webcast with senior management on the same day at 9:00 a.m. Eastern Time to discuss the results. Investors can access the live webcast and accompanying presentation through Seanergy's website under the Webcast & Presentations section of their Investor Relations page. Participants are advised to register approximately 10 minutes before the webcast begins.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 27, 2025, before the New York market opens. The company will host a conference call and webcast with senior management on the same day at 09:00 a.m. Eastern Time to discuss the results.
Interested participants can access the live webcast through Seanergy's website under the Webcast & Presentations section of their Investor Relations page. Attendees are advised to register approximately 10 minutes before the webcast begins. The webcast will also be archived for later viewing.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) has announced plans to conduct fixed income investor meetings in the Nordic bond market starting March 28, 2025. The meetings, arranged through Norwegian investment banks, may lead to a four-year USD denominated senior unsecured bond issue.
The potential bond issuance is subject to market conditions, with net proceeds intended for general corporate purposes, including possible debt refinancing or vessel acquisitions. The senior unsecured bonds would be available to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons internationally under Regulation S of the Securities Act.
Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission. The report is now accessible through the company's website at www.seanergymaritime.com in the 'Investor Relations' section under 'Financial Reports'.
Seanergy Maritime (NASDAQ: SHIP) reported record full-year profitability of $43.5 million for 2024, with Q4 net revenues of $41.7 million, up 6% year-over-year. The company's fleet TCE outperformed the Baltic Capesize Index by 27% in Q4 and 11% in FY 2024.
Key financial highlights include:
- Q4 2024 Adjusted EBITDA: $20.4 million
- Q4 2024 Net Income: $6.6 million
- FY 2024 Net Revenues: $167.5 million (52% increase)
- Daily TCE rate Q4 2024: $23,179
The company declared a quarterly dividend of $0.10 per share for Q4 2024, with total cash dividends of $0.76 per share for FY 2024. Strategic developments include $2.1 million in stock buybacks, delivery of two Japanese vessels (M/V Meiship and M/V Blueship), and securing a $53.6 million sustainability-linked loan facility.