FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For May
3, 2010
Commission
File Number: 001-33690
SEANERGY
MARITIME HOLDINGS CORP.
1-3
Patriarchou Grigoriou
16674
Glyfada
Athens,
Greece
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
Form 20-F
þ Form
40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation, S-T Rule 101(b)(1):
o
Note: Regulation S-T Rule 101(b)(1) only permits the submission in
paper of a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
o
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K
if submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant's "home country"), or under the rules of the home country exchange on
which the registrant's securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant's security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR.
On May 3, 2010, Seanergy Maritime
Holdings Corp. issued a press release announcing that it has entered into a
Letter of Intent with Maritime Capital Shipping (Holdings) Limited, of the
British Virgin Islands ("Seller"), to acquire a 51% ownership interest in
Maritime Capital Shipping Limited, of Bermuda, for a purchase price of $33
million.
A copy of the related press release is
attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
SUBMITTED
HEREWITH:
Exhibits
99.1 Press
Release dated May 3, 2010.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this registration statement to be signed on its behalf by the
undersigned, thereto duly authorized.
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Seanergy
Maritime Holdings Corp.
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| Dated: May 3, 2010 |
By:
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/s/
Dale Ploughman
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Name:
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Dale
Ploughman
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Title:
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Chief
Executive Officer
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Exhibit
99.1
SEANERGY
MARITIME HOLDINGS CORP. ANNOUNCES LETTER OF INTENT FOR STRATEGIC ACQUISITION OF
A CONTROLLING INTEREST IN MARITIME CAPITAL SHIPPING LIMITED
May 3, 2010 – Athens, Greece –
Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP; SHIP.W)
announced today that it has entered into a Letter of Intent with Maritime
Capital Shipping (Holdings) Limited, of the British Virgin Islands ("Seller") to
acquire a 51% ownership interest in Maritime Capital Shipping Limited, of
Bermuda ("MCS") for a purchase price of USD 33 million.
MCS is
based in Hong Kong and is a provider of international maritime transportation
services through its ownership of dry bulk vessels. MCS was founded in 2006 by
unaffiliated third parties, a team of dedicated professionals with many years of
experience operating vessels in the dry bulk sector. The company generates its
revenues by employing its ships on time and bareboat charters with well
established shipping operators. Its current fleet is comprised of 9 Handysize
dry bulk carriers with a combined cargo-carrying capacity of 249,236 dwt and an
average fleet age of approximately 10.7 years.
Maritime
Capital Shipping (Holdings) Limited, a company controlled by members of the
Restis family, will retain a 49% ownership interest in MCS.
As a
result of the acquisition, the size of the Company's fleet will increase from 11
to 20 dry bulk vessels with a combined cargo-carrying capacity of approximately
1,292,532 dwt and an average fleet age of 12.6 years, comprising of 4 Capesize,
3 Panamax, 2 Supramax, 1 Handymax and 10 Handysize dry bulk
carriers.
The
acquisition is subject to final documentation, expected to be entered into by
the Seller and the Company by June 1, 2010.
About Seanergy Maritime
Holdings Corp.
Seanergy
Maritime Holdings Corp., the successor to Seanergy Maritime 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 initial fleet comprised two Panamax, two Supramax and two Handysize
dry bulk carriers that Seanergy purchased and took delivery of in the third and
fourth quarters of 2008 from companies associated with members of the Restis
family. In August 2009, the Company acquired a controlling interest in Bulk
Energy Transport (Holdings) Limited ("BET") which owns five drybulk carriers,
four Capesize and one Panamax.
As a
result, the Company's current controlled fleet includes 11 drybulk carriers (4
Capesize, 3 Panamax, 2 Supramax and 2 Handysize vessels) with a total carrying
capacity of 1,043,296 dwt and an average age of 14 years.
The
Company's common stock and warrants trade on the NASDAQ Global Market under the
symbols SHIP and SHIP.W, respectively.
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 and the Company's
growth strategy and measures to implement such strategy. Words such as
"expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates,"
and variations of such words and similar expressions are intended to identify
forward-looking statements. Although the Company believes that such expectations
will prove to have been correct, 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 scope and timing of SEC and other regulatory agency review, competitive
factors in the market in which the Company operates; risks associated with
operations outside the United States; and other factors listed from time to time
in the Company's filings with the Securities and Exchange Commission. The
Company's filings can be obtained free of charge on the SEC's website at
www.sec.gov. 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:
Seanergy
Maritime Holdings Corp.
Dale
Ploughman - Chief Executive Officer
Christina
Anagnostara - Chief Financial Officer
Tel: +30
210 9638461
E-mail:
ir@seanergymaritime.com
Investor
Relations / Media
Capital
Link, Inc.
Paul
Lampoutis
230 Park
Avenue Suite 1536
New York,
NY 10169
Tel.
(212) 661-7566
E-mail:
seanergy@capitallink.com