Seanergy Maritime

Seanergy Maritime has issued an unsecured €100 million bond for investors in Greece, which will be listed in the fixed-income securities segment of Euronext Athens. The bond matures in July 2031, was issued at par with a 4.90% p.a. coupon and pays interest semiannually. Proceeds will be used to partially finance newbuilds, acquire secondhand vessels and for general corporate and working capital purposes; issuance costs are estimated at about €4.4 million. The securities are not registered under the US Securities Act and generally may not be offered or sold in the United States. » More on de.investing.com

Seanergy Maritime reports Q1 2026 revenue up 77.7% to $43.0m and adjusted EBITDA of $28.2m (+253%). Adjusted net income for the quarter was $13.4m, and adjusted earnings per share were $0.63, after a loss in the prior year. Time charter equivalent (TCE) rates rose 80.6% to $24,200/day; for Q2 the company expects TCE rates of around $31,430/day and has hedged 45% of operating days at rates above $29,000/day. Seanergy announced its 18th consecutive quarterly cash dividend and saw its share price rise 2.29% in pre-market trading. » More on de.investing.com

Seanergy Maritime Holdings Corp. reported a strong fleet expansion in Q2 2025 to 21 Capesize vessels, a net profit of $2.9 million, positive operating cash flows and a cash position of $25.4 million. Time-charter equivalent (TCE) revenues outperformed the Baltic Capesize Index by 6%; management expects charter rates to remain supportive amid limited newbuild supply. CEO Stamatis Tantanes emphasized disciplined fleet growth and capital returns to create shareholder value. » More on de.investing.com