According to a Himalaya statement, the company has entered into a new time charter agreement for the 2023-built bulker Mount Matterhorn for a period of 12 to 14 months.
Himalaya said the vessel will commence the new time charter in the second half of March following the planned redelivery under its current charter.
“The vessel will earn an index-linked rate, reflecting a significant premium to the Baltic 5TC index, as well as certain rights to convert the time charter to fixed rate based on the prevailing FFA curve from time to time,” it said.
Himalaya did not provide further details.
The company achieved average time charter equivalent earnings of approximately $32,400 per day in February.
Himalaya has 12 LNG-powered Newcastlemax bulk carriers in its fleet.
China’s New Times delivered Himalaya’s final bulk carrier, Mount Emai, in June 2024.
In January this year, the company entered into a new time charter agreement for the 2023-built bulker Mount Ita for a period of 11 to 14 months.
The vessel started the new time charter in the second half of January following the planned redelivery under its previous charter.
Himalaya secured a new charter deal for the 2024-built bulker Mount Elbrus in December last year.
In addition, the firm converted the index-linked charters to fixed-rate time charters for four of its LNG-powered Newcastlemax bulk carriers during the same month.
