Seanergy Maritime Holdings Corp. Chairman and CEO Dale Ploughman Appearing Today September 9, 2010 AT 11:40AM EDT on the Fox Business Network
By Seanergy Maritime Holdings Corp, PRNEWednesday, September 8, 2010
ATHENS, Greece, September 9, 2010 - Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP; SHIP.W)
announced today that its Chairman and CEO, Dale Ploughman, will appear on the
Fox Business Network today, September 9, 2010, at around 11:40am EDT with
anchors Brian Sullivan and Dagen McDowell.
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 ("BET"), which owns four Capesize and one Panamax dry bulk carriers.
In May 2010, the Company acquired a controlling interest in Maritime Capital
Shipping Limited ("MCS"), which owns nine Handysize dry bulk carriers. In
September 2010, the Company entered into definite agreements to acquire all
minority stakes in its MCS and BET subsidiaries, which are expected to close
by September 15, 2010 and November 1, 2010, respectively.
Following the acquisitions the Company will have a wholly
owned 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: +1-212-661-7566 E-mail: seanergy@capitallink.com
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 at seanergymaritime.com . Investor Relations / Media: Capital Link, Inc., Paul Lampoutis, 230 Park Avenue Suite 1536, New York, NY 10169, Tel: +1-212-661-7566, E-mail: seanergy at capitallink.com .
Tags: Athens, greece, Seanergy Maritime Holdings Corp, September 9