Himalaya’s LNG bulkers earned about $35,400 per day in October

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $35,400 per day in October.

Tor Olav Trøim’s Himalaya said in a commercial update that its five vessels trading on index-linked time charter earned about $36,500 per day, gross, including average daily scrubber and LNG benefits of about $1,300 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 $25,557 during October 2023, up from $14,110 during August.

In September, Himalaya achieved average time charter equivalent earnings of about $23,500 per day.

Last month, Himalaya announced another charter deal for one of its LNG-powered bulk carriers, securing employment for its entire fleet of 12 Newcastlemax vessels.

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.

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.

According to its website, Himalaya expects to take delivery of Mount Elbrus in February next year, followed by the delivery of Mount Denali in June.

In addition, Himalaya expects Mount Aconcagua and Mount Emai to join the company’s fleet in July next year.

- Advertisements -

Most Popular

Delfin seals long-term LNG supply deal with Gunvor

Delfin Midstream, the US developer of a floating LNG export project in the Gulf of Mexico, has signed a...

Interview: Maria Angelicoussis and Sveinung Stohle talk LNG fleet expansion plans

Greek shipping giant Angelicoussis has secured long-term charters for almost all of the newbuild LNG carriers it has ordered...

Origin: Australia Pacific LNG deliveries impacted as tanker loses power at jetty

Deliveries from the ConocoPhillips-operated Australia Pacific LNG plant on Curtis Island have been delayed as a loaded LNG tanker...

More News Like This

Himalaya secures employment for its entire fleet of LNG-powered bulkers

Himalaya Shipping has signed another charter deal for one of its LNG-powered bulk carriers, securing employment for its entire...

Himalaya’s LNG bulkers earned about $23,500 per day in September

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $23,500 per day in September. Tor Olav...

Himalaya seals charter deals for two LNG-powered bulkers

Himalaya Shipping secured charter deals for two LNG-powered Newcastlemax bulk carriers it has on order at China’s New Times...

NTS launches Himalaya’s LNG-powered bulkers

China’s New Times Shipbuilding has launched two Himalaya Shipping's LNG-powered bulk carriers. The 210,000-dwt LNG dual-fuel bulk carriers in question...