EXHIBIT 21.1
| Subsidiary | Jurisdiction of Incorporation | |
| Seanergy Management Corp. | Republic of the Marshall Islands | |
| Amazons Management Inc. | Republic of the Marshall Islands | |
| Lagoon Shipholding Ltd. | Republic of the Marshall Islands | |
| Cynthera Navigation Ltd. | Republic of the Marshall Islands | |
| Martinique International Corp. | British Virgin Islands | |
| Harbour Business International Corp. | British Virgin Islands | |
| Waldeck Maritime Co. | Republic of the Marshall Islands | |
| Bulk Energy Transport (Holdings) Limited. | British Virgin Islands | |
| Quex Shipping Inc. | British Virgin Islands | |
| Rossington Marine Corp. | British Virgin Islands | |
| Rayford Navigation Corp. | British Virgin Islands | |
| Creighton Development Inc. | British Virgin Islands | |
| Pulford Ocean Inc. | British Virgin Islands | |
| Lewisham Maritime Inc. | British Virgin Islands | |
| Motion Shipholding Co. | Republic of the Marshall Islands | |
| Maritime Capital Shipping Limited | Bermuda | |
| Maritime Capital Shipping (HK) Limited | Hong Kong | |
| African Glory Shipping Limited | British Virgin Islands | |
| African Joy Shipping Limited | British Virgin Islands | |
| Asian Grace Shipping Limited | British Virgin Islands | |
| Maritime Grace Shipping Limited | British Virgin Islands | |
| African Grace Shipping Limited | British Virgin Islands | |
| Eastern Grace Shipping Limited | British Virgin Islands | |
| Atlantic Grace Shipping Limited | British Virgin Islands | |
| Western Grace Shipping Limited | British Virgin Islands | |
| Maritime Glory Shipping Limited | British Virgin Islands | |
| Maritime Freeway Shipping Limited | Liberia | |
| Maritime Fantasy Shipping Limited | Liberia | |
| Maritime Fiesta Shipping Limited | Liberia | |
| Maritime Fighter Shipping Limited | Liberia |
SK 26979 0001 1115075