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.
Source attribution
This report was written by the Global Freight editorial desk based on material published by Splash 247. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.
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