Seanergy Maritime (NASDAQ: SHIP) And United Maritime (NASDAQ: USEA) Provide Financial Update To ShareholdersGLYFADA, GREECE / ACCESSWIRE / April 9, 2024 / Seanergy Maritime Holdings Corp. (
NASDAQSHIP), a leading player in the global shipping industry, reported a fourth-quarter net profit of $10.8 million, a significant increase from $0.5 million in the previous year. The company's revenue also grew to $39.4 million compared to $28.5 million for the same quarter last year. Despite a very volatile Capesize market, Seanergy's daily time charter equivalent (TCE) outperformed the Baltic Capesize Index (BCI) by 7% in 2023.
Seanergy Maritime (NASDAQ: SHIP) Is Optimistic About The Future; United Maritime (NASDAQ: USEA) Posts Profit Surge for 3Q23, Both Companies Extend Shareholder RewardsGLYFADA, GREECE / ACCESSWIRE / December 19, 2023 / In the third quarter, Seanergy Maritime Holdings Corp. (
NASDAQSHIP) faced challenges, reporting Net Revenues of $24.5 million and an Adjusted Net Loss of $2.6 million, primarily due to the underperformance of the dry bulk Capesize market. Market conditions were influenced by historically low port congestion and the efficient utilization of the Capesize fleet, leading to an excess supply of vessels. However, the company maintains a positive outlook, observing low inventories and increased demand for dry commodities in key areas.