Seanergy Maritime Holdings has announced its fifth consecutive year of profitability, achieving adjusted earnings per share of $1.28. The announcement underscored the effectiveness of its pure-play Capesize strategy. For the fiscal year 2025, the company declared its 17th consecutive quarterly dividend of $0.20 per share for the fourth quarter, bringing total dividends to $0.43 per share for 2025, culminating in a total shareholder return of $2.64 per share, approximately $51.2 million.

In addition to the dividend announcements, Seanergy is enhancing its fleet with three new eco-friendly vessels, valued at a total of $226 million. Two of these will be Capesize-sized ships with a capacity of 181,000 dwt, expected to be delivered in the second and third quarters of 2027. The third vessel is a Newcastlemax ship with a capacity of 211,000 dwt, set for delivery in the second quarter of 2028. This strategic expansion reflects the company’s commitment to modernizing its fleet and maintaining competitive operations in the maritime sector.

Furthermore, the company has rejuvenated its fleet by selling its older M/V Dukeship, highlighting its strategy of balancing new acquisitions with divestitures of older, less efficient vessels. This move is indicative of the evolving dynamics in the shipping industry, where companies are increasingly investing in greener technologies while optimizing their operational efficiencies.