A larger fleet proved no salvation for Greek bulker owner Seanergy Maritime Holdings as dire dry-bulk rates meant it barely scraped a profit last year.

CEO Dale Ploughman.

The Dale Ploughman-led outfit did, however, voice optimism that markets may pick up this year once the fallout from disastrous flooding in Australia abates while newbuilding slippage and increased scrapping could also buoy rates.



Nasdaq-listed