Orlando, FL 12/19/11 (StreetBeat)-- Drybulk ship owner Seanergy Maritime Holdings Corp (Nasdaq: SHIP) said it entered into a new time-charter agreement for one of its four Capesize vessels, sending is shares as much as 17 percent.A time charter is a contract for the hire of a ship for a specified period of time.
Seanergy said the capesize vessel-- the biggest dry bulk ship type, which transports cargoes such as iron ore and coal -- was chartered for 11-13 months.
With this, about 70 percent of its 'ownership days', or capacity, for 2012 have now been chartered, the company added.
Shares of the Athens-based company were up 17 percent at $2.58 in early trade on Nasdaq on Monday.
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