SHIP

Eagle Bulk Shipping ([[EGLE]] +4.3%) CEO Gary Vogel, Genco Shipping & Trading ([[GNK]] +3.8%) CEO John Wobensmith and Star Bulk Carriers ([[SBLK]] +2.8%) CEO Hamish Norton took part in a

For Q3, Seanergy Maritime Holdings ([[SHIP]] -7.3%) generated net revenues after voyage expenses of $15.8M compared to $15.9M in the year ago quarter; compares favorably with the 29% Y/Y decrease in

For Q3, Seanergy Maritime Holdings ([[SHIP]] -7.3%) generated net revenues after voyage expenses of $15.8M compared to $15.9M in the year ago quarter; compares favorably with the 29% Y/Y decrease in

Seanergy Maritime (SHIP): Q3 GAAP EPS of $0.04 misses by $0.06.Revenue of $19.7M (-17.8% Y/Y) misses by $0.25M.Shares -7.1% PM.Press Release

Seanergy Maritime (SHIP): Q3 GAAP EPS of $0.04.Revenue of $19.7M (-17.8% Y/Y).Shares -7.1% PM.Press Release

NEW YORK, NY / ACCESSWIRE / November 18, 2020 / Seanergy Maritime Holdings Corp.

Earnings Release: Wednesday, November 18, 2020, Before Market Opens in New York Conference Call and Webcast: Wednesday, November 18, 2020, at 10:00 a.m. Eastern Time ATHENS, Greece, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) announced today that it will release its financial results for the third quarter ended September 30, 2020 before the market opens in New York on Wednesday, November 18, 2020.On the same day at 10:00 a.m. Eastern Time, the Company’s management will host a conference call to present the financial results.Conference Call Details: Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238- 0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Seanergy” to the operator.A telephonic replay of the conference call will be available until November 25, 2020, by dialing 1 (866) 331-1332 (US Toll Free Dial In), 0(808) 238-0667 (UK Toll Free Dial In) or +44 (0) 3333 009785 (Standard International Dial In). Access Code: 2094507.Audio Webcast: There will also be a simultaneous live webcast over the Internet, through the Seanergy website (www.seanergymaritime.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.About Seanergy Maritime Holdings Corp.Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US. Seanergy provides marine dry bulk transportation services through a fleet of 11 Capesize vessels with an average age of about 12 years and aggregate cargo carrying capacity of approximately 1,926,117 dwt. The Company is incorporated in the Marshall Islands and has executive offices in Athens, Greece. The Company's common shares trade on the Nasdaq Capital Market under the symbol "SHIP", its Class A warrants under "SHIPW" and its Class B warrants under “SHIPZ”.Please visit our company website at: www.seanergymaritime.com.Forward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events. Words such as "may", "should", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates" and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the Company's operating or financial results; the Company's liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the SEC, including its most recent annual report on Form 20-F. The Company's filings can be obtained free of charge on the SEC's website at www.sec.gov. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.For further information please contact:Capital Link, Inc. Daniela Guerrero 230 Park Avenue Suite 1536 New York, NY 10169 Tel: (212) 661-7566 E-mail: seanergy@capitallink.com

Company recently raised almost $40 million in gross proceeds from a series of aggressive financing transactions. While the move greatly benefited both balance sheet and liquidity, shareholders suffered massive dilution.Potential for additional near-term dilution remains high as the company is eyeing further fleet expansion.After the recent 1:100 reverse stock split, the stock provides an almost perfect setup for a momentum rally similar to the one experienced by DryShips in late 2016.With share count reduced to just 1.76 million, the stock trading at an almost 75% discount to NAV and no toxic securities outstanding, the shares could be discovered by the momentum crowd at any time now.While investors should continue to avoid Globus Maritime and most of its peers, momentum traders should have a close eye on the stock in the near term.