6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2017

Commission File Number: 000-51672

FREESEAS INC.

(Name of Registrant)

10, Eleftheriou Venizelou Street (Panepistimiou Ave.), 106 71, Athens, Greece

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x   Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Effective October 3, 2017, Mr. Dimitris Papadopoulos resigned for personal reasons, effective immediately, as chief financial officer and a member of the board of directors (the “Board”) of FreeSeas Inc. (the “Company”). In submitting his resignation, Mr. Papadopoulos did not express any disagreement with the Company on any matter relating to the registrant’s operations, policies or practices.

Effective October 3, 2017, the Company appointed Mr. Dimitrios Filippas as the Company’s Chief Financial Officer.

Mr. Filippas has been our Deputy Chief Financial Officer since November 2013 and a member of the Board since February 2017. Mr. Filippas has been the finance manager for Free Bulkers S.A. since 2007. Mr. Filippas has substantial experience in the ship finance field. He holds a BSc in Banking and International Finance from Cass Business School in the City of London and a Master’s Degree in Shipping Business with Distinction from LGU.

Effective October 3, 2017, the Company appointed Ms. Argyro Fonia to the Board to fill the vacancy created by Mr. Papadopoulos’ resignation.

Ms. Fonia has been the chief accounting officer for Free Bulkers S.A., one of the Company’s managers, since September 2013. Ms. Argyro Fonia has substantial experience in the accounting field. She has been working as chief accountant in various shipping companies during the last ten years. She holds a BA in Economics and an MSc in Financial Management from East London University.

There is no understanding or arrangement between Ms. Fonia and any other person pursuant to which Ms. Fonia was selected as a director.  Ms. Fonia does not have any family relationship with any director, executive officer or person nominated or chosen by us to become a director or executive officer.

On October 6, 2017, the Company issued a press release relating to the appointments discussed above. A copy of the press release that discusses these matters is filed as Exhibit 99.02 to, and incorporated by reference in, this report.

The following exhibits are filed herewith:

Exhibit Number		Description
	99.01	Letter of resignation from Dimitris Papadopoulos
	99.02	Press Release, issued by FreeSeas Inc. on October 6, 2017

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	FREESEAS INC.
Date:  October 6, 2017	By:	/s/ DIMITRIS FILIPPAS
	Dimitris Filippas
	Chief Financial Officer

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EX-99.1

Exhibit 99.01

DIRECTOR’S AND OFFICER’S RESIGNATION

The Chairman of the Board of Directors & CEO

FreeSeas Inc.

Trust Company Complex,

Ajeltake Road, Ajeltake Island,

Majuro,

Marshall Islands

Athens, 3 October 2017

Mr. Chairman,

I hereby resign from my position as member of the Board of Directors and from the offices of Chief Financial Officer and Secretary of the Board of FreeSeas Inc. (“the Company”) as you requested.

I also resign from the offices of Sole Director of the Company’s 100% subsidiaries, Largo Al Factotum S.A. and Fiorello Shipping S.A. (see attached resignation letters) as such posts were assigned to me by the Company as part of my duties as an Officer of the Company.

Yours faithfully,

/s/ DIMITRIS PAPADOPOULOS

Dimitris Papadopoulos

EX-99.2

Exhibit 99.02

 

FreeSeas Announces Appointment of New Chief Financial Officer and Director

Athens, Greece, October 6, 2017 -- FreeSeas Inc. (OTCPK: FREEF) ("FreeSeas" or the "Company"), a transporter of dry-bulk cargoes through the ownership and operation of two Handysize vessels, announced today that Mr. Dimitris Filippas has been appointed as Chief Financial Officer of the Company in replacement of Mr. Dimitris Papadopoulos, who resigned as Chief Financial Officer and Director of the Company. Mr. Dimitris Filippas has been serving as Deputy Chief Financial Officer since November 2013. Ms. Argyro Fonia has been appointed as Class B Director filing the vacancy created by Mr. Papadopoulos’ resignation.

Mr. Ion G. Varouxakis, Chairman, President and CEO, commented: "I would like to thank Mr. Dimitris Papadopoulos for his valuable contribution to the Company during challenging times and wish him success in his new endeavors. The Company is continuing its efforts with last the last Lender of the Company, the National Bank of Greece, in order to settle its last outstanding loan, secured on M/V “Free Neptune”. A successful conclusion of the matter will enable the Company to fully leverage on opportunities presented in the presently improving dry-bulk market.”

About FreeSeas Inc.

FreeSeas Inc. is a Marshall Islands corporation with principal offices in Athens, Greece. FreeSeas is engaged in the transportation of drybulk cargoes through the ownership and operation of dry-bulk carriers. Currently, it owns and operates two Handysize vessels. FreeSeas' common stock trades on the OTCPK under the symbol “FREEF”. Risks and uncertainties are described in reports filed by FreeSeas Inc. with the Securities and Exchange Commission (“SEC”), which can be obtained free of charge on the SEC's website at http://www.sec.gov. For more information about FreeSeas Inc., please visit the corporate website, www.freeseas.gr.

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 and the Company's growth strategy and measures to implement such strategy. Words such as ''expects,'' ''intends,'' ''plans,'' ''believes,'' ''anticipates,'' ''hopes,'' ''estimates,'' and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. 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, changes in the demand for dry bulk vessels; competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the SEC. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact Information:

At the Company

FreeSeas Inc.

Dimitris Filippas, Chief Financial Officer

011-30-210-729-7284

info@freeseas.gr

www.freeseas.gr