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.

Most Popular

Delfin takes FID on first FLNG

Delfin Midstream has taken a final investment decision for the first 4.4 mtpa floating liquefied natural gas unit of its LNG project under development in Louisiana. Delfin says the FLNG is the first floating liquefaction facility in the United States and the world's largest FLNG.

Malaysia’s Petronas Gas, Integrax ink pact for new LNG import terminal

Malaysia's Petronas Gas, a unit of Petronas, has signed a binding deal with compatriot Integrax, a part of TNB Power Generation, to jointly develop the country's first FSRU-based LNG import terminal in Lumut, Perak.

Macquarie to buy more LNG from Amigo LNG

A unit of Australia's Macquarie has agreed to buy more LNG from Amigo LNG's planned 7.8 mtpa LNG export plant in Mexico.

More News Like This

Himalaya’s LNG-fueled bulkers earned $41,600 per day in April

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of approximately $41,600 per day in April.

Himalaya nets new charter deal for LNG-powered bulker

Himalaya Shipping has secured a new charter deal for one of its LNG-powered Newcastlemax bulk carriers.

Himalaya bags new charter for LNG-powered bulker

Himalaya Shipping has secured a new charter deal for one of its LNG-powered Newcastlemax bulk carriers.

Himalaya’s LNG-fueled bulkers earned $32,400 per day in February

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of approximately $32,400 per day in February.