LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $23,500 per day in September.
Tor Olav Trøim’s Himalaya said in a commercial update on Thursday that its five vessels trading on index-linked time charter earned about $22,200 per day, gross, including average daily scrubber and LNG benefits of about $1,500 per day.
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 $14,110 during September 2023, up from $12,942 during August.
In August, Himalaya achieved average time charter equivalent earnings of about $20,800 per day.
Earlier this week, Himalaya announced it secured charter deals for two LNG-powered Newcastlemax bulk carriers it has on order at China’s New Times Shipyard.
With these deals, the company has now secured charters for 11 of 12 ships.
Earlier this year, Himalaya took delivery of the first vessel, Mount Norefjell, followed by the delivery of the second vessel, Mount Ita, the third vessel, Mount Etna, the fourth vessel, Mount Blanc, and the fifth vessel, Mount Matterhorn.
The latest and the sixth LNG-powered bulker, Mount Neblina, joined Himalaya’s fleet in August.
Himalaya is taking a small break with next delivery scheduled for January 2024.
NTS also recently launched LNG dual-fuel bulk carriers Mount Bandeira and Mount Hua and Himalaya expects to take delivery of both of these vessels in January.