Seanergy Maritime Holdings Corp. is an international shipping company that owns and operates a fleet of Capesize and Newcastlemax dry bulk vessels engaged in the worldwide seaborne transportation of commodities including iron ore, coal, bauxite, and grains on long-haul international routes. The company generates revenue primarily through time charter arrangements with major international charterers, where customers pay daily or index-linked hire rates for vessel use, with rates typically linked to the Baltic Capesize Index and opportunities to fix rates through freight forward agreements. Beyond vessel ownership and operation, the company provides commercial and technical management services through wholly owned and third-party subsidiaries, with operating costs including voyage expenses, vessel maintenance, crewing, insurance, and management fees reimbursed separately from base fees.