Seanergy Maritime Holdings Corp. · NASDAQ:SHIP
Seanergy Maritime — Q1 2026 Earnings Presentation
20 slides from Seanergy Maritime's earnings presentation, May 28, 2026
Slide 1: Corporate Presentation
Corporate Presentation March 2026 Seanergy Maritime Holdings Corp.
Slide 2: Important Disclosures
Important Disclosures This document contains forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding the Company’s management’s expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than st
Slide 3: Company Profile
Sembany, Proills
Slide 4: Company Profile
Company Profile Seanergy Maritime Holdings Corp. is a prominent, multi-awarded, pure-play Capesize shipping company listed on Nasdaq Capital Market since 2008 under ticker ‘SHIP’ Quality fleet of 18 capesize & 2 newcastlemax vessels, 3.6 million optimized with energy saving devices and advanced tech
Slide 5: Timeline & Milestones
Timeline & Milestones Seanergy has undergone a remarkable transformation, achieving financial strength and significant growth over the years Re-launch & Capesize Pure-Play & Recapitalization, Shareholder rewards & Rapid Expansion IMO 2020 Deleveraging & Growth Sustainable Growth 2015 - 2017 2018 - 2
Slide 6: Pure Capesize Platform
Pure Capesize Platform Seanergy enhances its fleet with top-tier vessel acquisitions, ESD upgrades, and cutting-edge A.I. technology Vessel Year Built Capacity (dwt) Scrubber Shipyard Top-Tier Shipyards Titanship 2011 207,855 NACKS High Specs ~47% Japan S. Korea China Meiship 2013 207,851 Imabari of
Slide 7: Experienced Leadership
Experienced Leadership Seanergy is empowered by seasoned leadership, navigating the company with expertise and vision Stamatis Tsantanis, Chairman & CEO ▪ CEO of Seanergy since 2012; Chairman since 2013 ▪ Led Seanergy’s significant growth to a prominent pure-play Capesize dry bulk company with a car
Slide 8: Our ESG Strategy in Action
Our ESG Strategy in Action In Seanergy, we are committed to driving sustainable growth through responsible practices Environment Pioneering Greek Shipping Company: The first Greek-based shipping company to establish a key partnership with major industry stakeholders under the EU funded SAFeCRAFT pro
Slide 9: Corporate Strategy
Corporate Strategy,
Slide 10: Strategic Direction
Strategic Direction In Seanergy, we are dedicated to charting the path to future success by focusing on strategic priorities that drive sustainable growth and innovation Strategic Partnerships Enhancing Shareholder Capital Structure & Financial & Fleet Efficiency Returns Efficiency ✓ Continued focus
Slide 11: Leading Charterer Ties & Effective Commercial Strategy
Leading Charterer Ties & Effective Commercial Strategy Seanergy enjoys market recognition as a quality and reliable operator and holds strong relationships with world leading charterers US$ per day $50,000 Daily TCE vs BCI 5TC SHIP TCE BCI 5TC Seanergy has been structured around the needs of $40,000
Slide 12: Prioritizing Shareholder Returns
Prioritizing Shareholder Returns We are committed to effective capital allocation to maximize long-term shareholder value Since Q4 2021 $42.6 million $8.6 million $10.1 million $35.1 million in regular dividends1 in special dividends in share and warrant in convertible note buybacks buybacks2 $51.2
Slide 13: Financings & Debt Optimization
Financings & Debt Optimization Strengthening our balance sheet through disciplined deleveraging and smart capital structure management Amount Outstanding Bank / Capital Provider ($ million) Vessels Debt per Vessel $40.0 Millions 15 Years Old Capesize Value1 $41.2 Dukeship, Paroship, Titanship $30.0
Slide 14: Financials & KPIs
Financials & KPIs
Slide 15: Financials
Financials Maintaining solid financial fundamentals with a focus on resilience and value creation Amounts in thousand $ except daily figures Q4 2025 FY 2025 Fleet Data 1. Fleet utilization is the percentage of time that the vessels are generating revenue and is determined by dividing operating days
Slide 16: Solid Historical Financial Performance
Solid Historical Financial Performance Showcasing financial discipline and operational efficiency through various market cycles, highlighting our competitive edge in the dry bulk stock sector. Adj. EBITDA FY 2025 Book Value per DWT ($) $100 $98.4 Mil. $350.00 $327 $90.1 Mil. Millions $81.7 Mil. $300
Slide 17: Market Fundamentals
Market Fundamentals
Slide 18: Resilient Demand for Capes
Resilient Demand for Capes Supported by resilient dry bulk trade flows and growth in ton-miles ▪ 2025 record Brazil Iron Ore exports: 7.1% growth compared to total global iron ore volumes growth of 2.2% from 2024 ▪ Bauxite Export Growth: Up 18% 2025 vs 2024. So far, growth of 14% y-o-y in the first
Slide 19: Limited Fleet Growth
Limited Fleet Growth Low orderbook and limited newbuilding activity shape a healthy framework for Capesize sector ▪ Low orderbook: OB about 12% of current fleet, compared to 9% of fleet at or above 20 years old ▪ Cape fleet growing older: Within 2026 about 40% of the existing fleet will surpass 15 y
Slide 20: Thank you
seanergy Thank you LISTE
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