Earnings ·
Seanergy Maritime Holdings Corp. reported record second-quarter net income of $26.2 million and adjusted EPS of $1.32…
SHIPSeanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp. reported record second-quarter net income of $26.2 million and adjusted EPS of $1.32, driven by a 63% year-over-year increase in fleet Time Charter Equivalent rates to $32,355 per day. The company declared a quarterly cash dividend of $0.35 per share, marking its 19th consecutive distribution, with payment scheduled for October 9, 2026, to shareholders of record as of September 25, 2026. Seanergy expanded its fleet renewal program to an aggregate investment of approximately $591 million across eight modern Capesize and Newcastlemax vessels, including agreements to acquire two Japanese-built ships for delivery in 2029. Additionally, the company completed a €100 million five-year unsecured corporate bond offering at a 4.90% coupon and secured long-term time charters with floor rates for three newbuildings delivering in 2027. Seanergy Maritime Holdings Corp. operates as a pure-play owner and operator of Capesize bulk carriers.