Seanergy Maritime Holdings (SHIP) Enters New Time Charter Agreement for The M/V BET Prince
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Seanergy Maritime Holdings (NASDAQ: SHIP) announced today that the Company has entered into new time charter agreement for one of its Capesize vessels.
The M/V BET Prince, a 163,554 dwt Capesize dry bulk carrier built in 1995, has entered into a time charter agreement, for a period of about eleven to about thirteen months at a gross charter rate linked to the adjusted Time Charter Average of the Baltic Exchange Capesize Index. The charter is expected to commence by the end of October 2011.
As a result of this new charter party agreement, the Company has charter arrangements that cover its ownership days 96% for 2011, 70% for 2012 and 24% for 2013, based on the latest redelivery date of the charter party agreements.
The M/V BET Prince, a 163,554 dwt Capesize dry bulk carrier built in 1995, has entered into a time charter agreement, for a period of about eleven to about thirteen months at a gross charter rate linked to the adjusted Time Charter Average of the Baltic Exchange Capesize Index. The charter is expected to commence by the end of October 2011.
As a result of this new charter party agreement, the Company has charter arrangements that cover its ownership days 96% for 2011, 70% for 2012 and 24% for 2013, based on the latest redelivery date of the charter party agreements.
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