Seanergy Maritime Holdings Corp (SHIP) - Description of business

Company Description
Seanergy Maritime Holdings Corp. provides global transportation services in the dry bulk shipping sector through its vessel-owning subsidiaries for a range of dry bulk cargoes, including coal, iron ore, and grains, as well as fertilizers and steel products. The Company owns and operates, through its vessel-owning subsidiaries, six dry bulk carriers, including two newly built vessels, which transport a variety of dry bulk commodities. As of December 2008, the Company operated a total fleet of six vessels, consisting of two Panamax vessels, one Handymax vessel, one Handysize vessel and two Supramax vessels. In August 2008, the Company completed the acquisition of three of the six dry bulk vessels, which included two 2008-built Supramax vessels and one Handysize vessel. The company is based in Athens, Greece.