Seanergy Maritime Holdings Corp (NASDAQ:SHIP) Reports 1Q18 Loss Confined

Seanergy Maritime Holdings

Seanergy Maritime Holdings Corp (NASDAQ:SHIP) reported net loss for the first quarter of $ 3.44 million or $ 0.09 per share, compared to loss of $ 6.29 million or $ 0.18 per share for the year-ago quarter.

Analysts polled by Thomson Reuters expected Seanergy Maritime Holdings to report income of $ 0.02 per share on revenue of $ 15.70 million for the first quarter.

Stamatis Tsantanis, Chairman & CEO, stated: Our financial results for the quarter that ended on March 31, 2018 were improved due to the higher average daily charter rates earned by our vessels, and the addition of the M/V Partnership to our fleet in the second quarter of 2017, resulting in a 10% increase in our total ownership days.

Seanergy Maritime Holdings Corp. is an international shipping company that provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels.

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