Shipping & Ports
Himalaya Shipping Secures Fixed Charters for Newcastlemax Pair into 2027
Himalaya Shipping has converted two index-linked newcastlemax bulkers to fixed-rate contracts averaging $53,000 daily through early next year.
Dry bulk vessel owner Himalaya Shipping has lengthened its forward rate coverage into 2027 by shifting two additional newcastlemax vessels from index-linked arrangements to fixed-rate contracts. The agreements were secured at an average daily rate of $53,000.
The conversion applies for a seven-month duration running from September 1 through March 31 of next year. Across both ships, the fixed employment period accounts for roughly $22.5 million in gross revenue.
The Tor Olav Trøim-backed shipowner did not disclose the names of the two vessels or the chartering counterparties contracted under the agreements.
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Himalaya pushes rate cover into 2027Global Freight Briefing
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