Safecraft aims to demonstrate the safety and viability of
Seanergy will provide one of its existing, conventionally fueled Capesize vessels as the demonstrating vessel under Safecraft which will be retrofitted to utilize hydrogen (H2) as the main energy source for electric power generation. This system is also expected to cover a portion of the vessel's propulsion requirements and, therefore, to reduce reliance on conventional fuels.
Seanergy will oversee the feasibility study and the retrofitting of the equipment in cooperation with
This visionary project has a duration of 48 months starting from
'We are the first Greek-based shipping company on this groundbreaking project. The strategic partnership with the
'This prominent combination of world-renowned stakeholders consists of classification societies, engineering and industrial firms, the academic community, as well as the
'We actively pursue advanced operational and technical initiatives that place Seanergy at the forefront of a greener maritime industry as a notable example.
'We strive for a more sustainable course of operations and we constantly evaluate and further improve the Company's ESG milestones in an effort to meet the global environmental targets through tangible and proven solutions.'
About
The Company is incorporated in the
Please visit our Company website at: www.seanergymaritime.com.
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 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
(including COVID-19), including their 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
For further information please contact:
Seanergy Investor Relations
Tel: +30 213 0181 522
E-mail: ir@seanergy.gr
Capital
Paul Lampoutis
230 Park Avenue Suite 1536
Tel: (212) 661-7566
Email: seanergy@capitallink.com
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