Seanergy Maritime Battles for Board Control

Seanergy Maritime (SHIP) has released an update.

Seanergy Maritime urges shareholders to vote for its director nominees to safeguard the company’s future against George Economou, a competitor with a history of self-dealing and value destruction who seeks control over the board. Seanergy boasts a strong track record with a peer-leading total shareholder return of over 130% in the past year, and is confident in its ability to deliver sustainable returns through strategic fleet growth, improved profitability, and a commitment to returning 50% of net operating cash flow to shareholders.

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