Seanergy Maritime Holdings Corp. Regains Compliance with Nasdaq Requirement on Minimum Market Value of Publicly Held Shares

March 1, 2012 - Athens, Greece

Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced today that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) concerning the minimum market value of publicly held shares.

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 19 drybulk carriers (four Capesize, three Panamax, two Supramax and ten Handysize vessels) with a total carrying capacity of approximately 1,256,962 dwt and an average fleet age of 13.7 years.

The Company's common stock trades on the NASDAQ Global Market under the symbol “SHIP”.

Seanergy Maritime Corp. press release