Himalaya Shipping’s LNG bulkers earned about $28,300 per day in May

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $28,300 per day in May.

Tor Olav Trøim’s Himalaya said in a commercial update on Tuesday that its two vessels trading on index-linked time charter earned about $27,400 per day, gross, including average daily scrubber benefits of about $2,500 per day last month.

The company’s only vessel trading on fixed time charter earned $30,000 per day, gross, it said.

According to Himalaya, the Baltic 5TC Capesize Index averaged $17,773 during May.

China’s New Times Shipbuilding is building in total twelve LNG dual-fuel Newcastlemax bulk
carriers for Himalaya.

Earlier this year, Himalaya took delivery of the first vessel, Mount Norefjell, followed by the delivery of the second vessel, Mount Ita, and the third vessel, Mount Etna.

The latest and the fourth LNG-powered bulker, Mount Blanc, joined Himalaya’s fleet on May 31.

NTS also recently launched the 210,000-dwt LNG dual-fuel, Mount Neblina, on June 9, the sixth vessel in this batch of twelve.

Up to date, Himalaya secured charter deals for nine of these ships.

- Advertisements -

Most Popular

Golden Pass LNG to ramp up construction activities after Zachry deal

QatarEnergy and ExxonMobil will ramp up construction activities at the Golden Pass LNG export terminal in Texas after a...

Hudong-Zhonghua confirms TotalEnergies order for LNG bunkering vessel

China’s Hudong-Zhonghua said it had secured an order to build one 18,600-cbm LNG bunkering vessel for French energy giant...

India was top destination for US LNG cargoes in May

India was the top destination for US liquefied natural gas cargoes in May, as Asia overtook Europe as the...

More News Like This

Himalaya’s LNG bulkers earned about $36,400 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $36,400 per day in June. The shipping...

Himalaya takes delivery of twelfth LNG-powered bulker

China’s New Times has delivered Himalaya Shipping’s twelfth and final LNG-powered Newcastlemax bulk carrier. Himalaya and New Times announced the...

Himalaya welcomes eleventh LNG-powered bulker in its fleet

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

Himalaya’s LNG bulkers earned about $32,100 per day in April

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $32,100 per day in April. The shipping...