Seanergy Maritime Holdings has been given more time to try to remain Nasdaq listed.

The exchange has given the Stamatis Tsantanis-led owner of 10 capesizes several more weeks to comply with its $1 share-price minimum by extending the grace period to 25 September from 13 July.

"We are monitoring the stock price throughout the period and we’ll decide the course of action if required later in August," chief executive Tsantanis told TradeWinds.