SHIP

Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) is a Greece-based dry bulk shipping company that was incorporated in 2008, originally as Seanergy Merger Corp. before changing its name later that year. The company went public in January 2008 and has established itself as a focused operator in the Capesize vessel segment of the global dry bulk shipping industry. Headquartered in Athens, Greece, Seanergy has grown its fleet from 16 vessels in 2022 to 21 vessels as of 2024, representing approximately 3.8 million deadweight tons of cargo capacity. The company has demonstrated significant operational improvements over recent years, achieving a 50% increase in net revenue for 2024 compared to the previous year, while maintaining a disciplined approach to capital allocation through dividends and share buybacks.