NEW YORK, NY--(Marketwire - November 1, 2010) - Dale Ploughman, the Chairman & CEO of Seanergy Maritime Holdings (
On October 19th, Capital Link launched its new Weekly Markets Report in PDF Format. Its aim is to foster better understanding of shipping and raise its profile in the wider investment community by providing on a systematic basis a comprehensive weekly review of developments and trends in the shipping markets as well as on listed shipping companies. To this effect Capital Link has partnered with well known organizations that provide core content on the shipping and capital markets in addition to Capital Link's own content. The Weekly Report does not intend to provide investment advice or advice of any kind and is provided without any guarantee as to the accuracy or completeness of the information therein.
The Weekly Report provides information on
- Shipping Markets (dry bulk, tanker and container, sales purchase and demolition markets, freight rates and vessel values, and FFAs);
- Other Major Markets (China Update)
- Capital Markets (Shipping Equities, Maritime Bonds, Trading Statistics);
- Weekly News of all U.S. listed shipping companies;
- Highlights a Company Profile, a CEO Interview and other topics of interest
- Provides a Calendar of Quarterly Earnings Announcements for listed shipping companies
The Weekly Markets Report is available free of charge.
Those interested can access it every Monday on Capital Link's shipping website, at www.CapitalLinkShipping.com or they can submit a request at shipping@capitallink.com to receive it electronically every Monday free of charge.
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 completed the acquisition of the remaining 49% in MCS and in October 2010 it completed the acquisition of the remaining 50% in BET.
Following the MCS and BET acquisitions, the Company owns a 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.
About Capital Link, Inc.
Capital Link is a New York-based advisory, investor relations and financial communications firm. Among other activities, Capital Link has made a strategic commitment to the shipping industry, becoming the largest provider of investor relations and financial communications services to international shipping companies listed on the US and European Exchanges. Capital Link's headquarters are in New York, with a presence in London and Athens. Capital Link is a member of the Baltic Exchange.
Capital Link's initiatives aimed to foster better understanding of shipping among investors include
- Shipping website (www.CapitalLinkShipping.com),
- The Weekly Markets Report,
- Investor Forums in New York, London and Athens,
- Industry Webinars (www.CapitalLinkWebinars.com)
- Maritime Indices (www.MaritimeIndices.com), which are also available on Bloomberg, Reuters and Factset and are already referenced by several analysts
Contact Information:
Contact
Nicolas Bornozis
President
Capital Link, Inc.
230 Park Avenue - Suite 1536
New York, N.Y. 10169
Tel. (212) 661-7566
Fax (212) 661-7526
E-mail: shipping@capitallink.com
http://www.capitallinkshipping.com
http://www.capitallink.com