Seanergy Maritime Holdings (SHIP) Corporate presentation summary

Company overview and fleet profile

• Operates a fleet of 17 Capesize and 2 Newcastlemax vessels, totaling 3.5 million DWT, with a focus on energy efficiency and advanced technology.

• Undergoing a $460 million newbuilding program for six scrubber-fitted vessels delivering 2027–2029.

• All vessels are employed on period contracts with index-linked charters, ensuring stable revenue.

• Recognized for strong corporate governance, transparency, and ESG focus, with multiple industry awards.

• Independent ownership structure with no private equity or hedge fund affiliations.

Strategic milestones and growth

• Achieved rapid expansion since 2015, acquiring and optimizing Capesize vessels and recapitalizing through equity and debt.

• Executed fleet renewal, divested non-core assets, and implemented a scrubber installation program.

• Raised over $175 million in public offerings and secured $328.2 million in new financing since 2020.

• Declared $55.6 million in cash dividends since 2022 and completed significant buybacks.

• Secured $236.5 million for the newbuilding program and spun off United Maritime Corporation.

Leadership and governance

• Led by a CEO with 27+ years in shipping and a CFO with 19+ years in shipping finance.

• Board comprises five members, four of whom are non-executive, with over 100 years of combined industry experience.

• Emphasizes board independence and transparent shareholder structure.