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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