Seanergy Maritime Holdings Corp. (SHIP)

[sambeaux]

MAYNERD - Buying 2 almost new ships.. paying $55 million. So SHIP must have lots of money coming in!!!
SHIP’s Chairman & Chief Executive Officer, stated:

“We are very pleased to announce the acquisition of two high-quality Capesize vessels built at reputable shipyards in Japan. The M/Vs Flagship and Patriotship, both delivering promptly and in a rapidly increasing market environment, represent great added value for Seanergy, the only U.S. listed pure-play Capesize company. Following the delivery of these two vessels and a third acquisition announced last month, our fleet’s cargo carrying capacity will increase by 28% as compared to the beginning of the year.