Seanergy Maritime Holdings Corp. Regains Compliance
with Nasdaq Minimum Bid Price Requirement

Athens Greece - July 14, 2011

Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIPD; SHIP.W) announced today that The Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) concerning the minimum bid price of the Company’s common stock.

About Seanergy Maritime Holdings Corp.
Seanergy Maritime Holdings Corp. is a Marshall Islands corporation with its executive offices in Athens, Greece. The Company is engaged in the transportation of dry bulk cargoes through the ownership and operation of dry bulk carriers.

The Company’s current fleet consists of 20 drybulk carriers (four Capesize, three Panamax, two Supramax, one Handymax and ten Handysize vessels) with a total carrying capacity of approximately 1,293,693 dwt and an average fleet age of 13.5 years.

The Company's common stock and warrants trade on the NASDAQ Global Market under the symbols “SHIPD” and “SHIP.W”, respectively.

Seanergy Maritime Corp. press release