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Stock impact report

Seanergy Maritime Holdings Corp. Announces Agreements with Leading Dry-bulk Charterers to Install Scrubbers on Fifty Percent of its Capesize Fleet

Seanergy Maritime Holdings Corp (SHIP) 
Last seanergy maritime holdings corp earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: seanergymaritime.com/en
Company Research Source: GlobeNewswire
ATHENS, Greece, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that it has entered into commercial agreements for the installation of exhaust gas cleaning systems (“scrubbers”) on five of its capesize bulk carriers before the January 1, 2020 implementation date of the IMO sulfur emission cap regulations. Upon completion of the installations scheduled for Q2 and Q3 2019, the vessels will commence index linked period employment with three leading dry-bulk charterers ranging in durations between three and five years. The Company has secured the scrubber equipment from Hyundai Materials, a well-known Korean manufacturer and has reserved retrofitting slots at an experienced dry-dock facility in China. The total investment, to be covered by the charterers, is expected to exceed $12.5 million, including equipment and installation costs. Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated: “We are Show less Read more
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