The shipping firm said in a commercial update that the average time charter rate includes average daily scrubber benefits on 12 vessels of about $1,500 per day.
Tor Olav Trøim-backed Himalaya said the company’s six vessels trading on fixed time charters earned approximately $35,800 per day, gross, including average daily scrubber benefits.
The company’s six vessels trading on index-linked time charters earned approximately $39,400 per day, gross, including average daily scrubber benefits.
The Baltic 5TC Capesize Index averaged US$26,520 during September 2025.
Himalaya’s board has approved a cash distribution of $0.10 per share for September.
The company 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.
Himalaya recently agreed to convert the time charter for Mount Etna at a rate of approximately $38,800 per day, gross, from October 1, 2025, to December 31, 2025.
Also, Himalaya agreed to convert the time charter for Mount Bandeira at a rate of approximately $38,000 per day, gross, from October 1, 2025, to December 31, 2025.
Before this, Himalaya converted the index-linked charters to fixed-rate time charters for two of its LNG-powered Newcastlemax bulk carriers in August.
