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Seanergy Maritime Holdings Corp. (SHIP) Q1 2025 Earnings Call Transcript

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Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) Q1 2025 Earnings Conference Call May 27, 2025 9:00 AM ET

Company Participants

Stamatis Tsantanis – Chairman & Chief Executive Officer
Stavros Gyftakis – Chief Financial Officer

Conference Call Participants

Mark Reichman – Noble Capital Markets
Tate Sullivan – Maxim Group
Liam Burke – B. Riley Securities
Lars Moen Eide – Arctic Securities

Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Seanergy Maritime Holdings Corp. Conference Call on the First Quarter ending March 31, 2025 Financial Results.

We have with us Mr. Stamatis Tsantanis, Chairman and CEO; and Mr. Stavros Gyftakis, Chief Financial Officer of Seanergy Maritime Holdings Corp.

At this time, all participants are in a listen-only mode. [Operator Instructions] Please be advised that this conference call is being recorded today, Tuesday, May 27, 2025. The archived webcast of the conference call will soon be made available on the Seanergy website, www.seanergymaritime.com, under the Webcast & Presentations section under the Investor Relations page.

Many of the remarks today contain forward-looking statements based on current expectations. Actual results may differ materially from the results projected from those forward-looking statements. Additional information concerning factors that can cause the actual results to differ materially from those in the forward-looking statements is contained in the first quarter ended March 31, 2025 earnings release, which is available on the Seanergy website, again, www.seanergymaritime.com.

I would now like to turn the conference over to one of your speakers today, the Chairman and CEO of the company, Mr. Stamatis Tsantanis. Please go ahead, sir.

Stamatis Tsantanis

Thank you, operator, and welcome, everyone.

Today, we’re going to be presenting our financial results and company updates for the first quarter of 2025.

Following a year of record financial performance, significant shareholder rewards and targeted fleet expansion, Seanergy entered 2025 with

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