Himalaya Shipping takes delivery of first LNG-powered bulker

Himalaya Shipping has taken delivery of the first of twelve LNG-powered Newcastlemax bulk carriers in China.

Tor Olav Trøim’s Himalaya announced this in a statement on Thursday, saying the 208,000-dwt LNG dual-fuel Mount Norefjell would start a two-year time charter at $30,000 per day, gross.

New Times Shipbuilding launched this vessel and Mount Ita in November 2022, and after that Mount Norefjell completed its sea trials in January this year.

In December, Himalaya revealed a charter deal with a “major Japanese counterpart” for this LNG-powered bulker.

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

Himalaya said in the statement on Thursday it expects to take delivery of a further two vessels over the next 45 days, and another three vessels by the end of 2023.

The remaining six vessels are expected to be delivered by the end of third quarter 2024.

“We are excited to take delivery of the first vessel, marking the start of commercial operations for Himalaya Shipping,” Herman Billung, contracted CEO of Himalaya, said.

“The charter illustrates the superior commercial value our ships deliver to our customers. We are thankful to the shipyard which have delivered a high-quality vessel on time, despite the difficult lock-down situation in China,” Billung said.

Most Popular

BP, partners take FID on $7 billion Tangguh UCC project

BP said in a statement on Thursday the Tangguh Ubadari, CCUS, compression project (UCC) has the potential to unlock...

Pennybacker wraps up acquisition of NFE’s LNG facility in Miami

Pennybacker announced the closing of the deal in a statement on Thursday. NFE said on July 1 that it had...

Venture Global’s Plaquemines LNG to introduce hazardous fluids to first block

The regulator said on Thursday it had granted Venture Global Plaquemines LNG to commission and introduce hazardous fluids to...

More News Like This

NTS delivers MSC’s LNG-powered containership

China’s New Times Shipbuilding has delivered MSC's LNG dual-fuel containership, MSC Ivory Coast. NTS hosted the naming and delivery ceremony...

Germany’s Hapag-Lloyd orders 24 LNG-powered containerships in China

Of these, Yangzijiang Shipbuilding will build 12 vessels each with a capacity of 16,800 teu, according to a statement...

GTT bags services contract from Maran Tankers for LNG-powered vessels

Last year, Maran Tankers ordered eight LNG dual-fuel vessels at China's New Times. Although the future Suezmax vessels will not...

Himalaya’s LNG-fueled bulkers earned $33,500 per day in August

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $33,500 per day in August. The shipping...