Himalaya Shipping’s fourth LNG-powered bulker launched in China

China’s New Times has launched Himalaya Shipping’s fourth LNG-powered Newcastlemax bulk carrier.

Himalaya Shipping said in a social media post that the launching ceremony for the 208,000-dwt LNG dual-fuel vessel, Mount Blanc, took place on Wednesday.

The firm said this vessel would be delivered on charter in June, and managed by Wilhelmsen Ship Management.

“The Baltic Cape Index is improving by the day, and Q34 FFA reads $20,500. Our index vessels earns a significant premium to the BCI, in addition to LNG or scrubber benefit,” the firm said.

Himalaya Shipping has in total 12 LNG-powered Newcastlemax bulk carriers on order at NTS.

Himalaya Shipping’s fourth LNG-powered bulker launched in China
Mount Norefjell (Image: Himalaya Shipping)

The firm expects to take delivery of the first vessel, Mount Norefjell, during this month.

In December, Himalaya Shipping revealed a charter deal with a “major Japanese counterpart” for one LNG-powered bulker, probably Mount Norefjell.

It said that the vessel would start a two-year time charter for $30,000 per day upon delivery from NTS in March/April 2023.

Prior to this contract, Himalaya Shipping already chartered six out of the twelve 208,000-dwt LNG dual-fuel bulk carriers, and the firm has five more uncontracted vessels.

Himalaya Shipping plans to take delivery of all of the 300 meters long ships until August 2024, according to its website.

- Advertisements -

Most Popular

Chevron working to resume full Gorgon LNG production after ‘mechanical fault’

Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

Gunvor in Italian small-scale LNG move

Geneva-based energy trader Gunvor has signed a non-binding deal to buy liquefied natural gas from LNEnergy's planned small-scale LNG...

More News Like This

Himalaya welcomes tenth LNG-powered bulker in its fleet

China’s New Times has delivered Himalaya Shipping’s tenth of twelve LNG-powered Newcastlemax bulk carriers. Himalaya announced the delivery of the...

AET, Singfar seal charter deal for two LNG-powered Aframaxes

AET, a unit of Malaysia's MISC, and Singapore-based shipowner Singfar have signed a long-term charter deal for two LNG...

Himalaya’s LNG bulk carriers earned about $34,300 per day in March

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,300 per day in March. Tor Olav...

Himalaya’s tenth LNG-powered bulker nears delivery

China’s New Times is finalizing work on Himalaya Shipping’s tenth of twelve LNG-powered Newcastlemax bulk carriers. NTS said in a...