UPDATE: Seanergy Maritime Posts Wider Q1 loss

Seanergy Maritime Holdings Corp SHIP posted a wider first-quarter loss. Seanergy Maritime posted a quarterly net loss of $6.4 million, or $0.54 per share, versus a year-earlier loss of $1.5 million, or $0.21 per share. Its net revenue dropped 31% to $17.4 million. Its time charter equivalent declined 34% to $9,546 per day. Vessel operating days dropped 3% to 1,626. Seanergy Maritime shares closed at $2.53 on Friday.