Seanergy Maritime Holdings Corp. Signatory to the Neptune Declaration on Seafarer Wellbeing and Crew Change

ATHENS, Greece, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (“Seanergy” or the “Company”) (NASDAQ: SHIP) announced today that it has joined the “Neptune Declaration on Seafarer Wellbeing and Crew Change” (the “Neptune Declaration”), a global coalition between over 300 companies and organisations. This maritime initiative focuses on the seafarers’ welfare with actions that will, amongst others, facilitate crew changes during the pandemic and the ongoing lockdowns.

The Neptune Declaration’s four major aims are:

• Recognize seafarers as key workers and give them priority access to COVID-19 vaccinations
• Implement high-standard health protocols
• Increase collaboration between ship operators and charterers to facilitate crew changes
• Ensure airline connectivity between key maritime hubs for seafarers

Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer, stated:

“It is our honor and duty to actively participate in this significant coalition of global leading shipowners, charterers and banks aiming to alleviate and resolve this unprecedented humanitarian crew crisis.

“Since the beginning of the pandemic, we have prioritized the safety and well-being of our crew and we have acted upon this matter. Recognizing the importance of the seafarers’ community in the global seaborne trade, as well as in the ongoing success of our Company, this continues to be amongst our top priorities.

“We hereby reiterate our strong commitment to this cause.”

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 Glyfada, 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”.

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Forward-Looking Statements

This 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 ability to continue as a going concern; 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; risks associated with the length and severity of the ongoing novel coronavirus (COVID-19) outbreak, including its effects on demand for dry bulk products and the transportation thereof; and other factors listed from time to time in the Company's filings with the SEC, 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 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:

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Daniela Guerrero

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New York, NY 10169

Tel: (212) 661-7566

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