Himalaya Announces Delivery of Mount Ita and Commencement of Charter

Source: www.gulfoilandgas.com 3/9/2023, Location: South America

Himalaya Shipping is pleased to announce that it has successfully taken delivery of the second of the twelve 210,000 dwt Newcastlemax newbuildings the Company has on order from New Times Shipyard.

The vessel (“Mount Ita”) will commence a 32 – 38 month time charter plus option for 11- 13 months and will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel. The time charters also include a profit sharing of any economic benefit derived from operating the vessel´s scrubber or running on LNG, as well as certain rights to convert the time charters to fixed rates based on the prevailing forward freight agreement (FFA) curve from time to time.

“We are excited to take delivery of the second vessel, which is chartered on an index-linked time charter, earning a significant premium to a standard Capesize vessel. We are thankful to the shipyard which have delivered a high-quality vessel on time, despite the difficult lock-down situation in China." says Herman Billung, contracted CEO of Himalaya Shipping.


South Africa >>  1/17/2025 - The current level of the Congestion Surcharge (CGD) from all origins in Europe* to South Africa is being adjusted.

This CGD is applicable f...

Singapore >>  1/16/2025 - PSA International Pte Ltd (PSA) has achieved a new annual container handling record of 100.2 million Twenty-foot Equivalent Units (TEUs) across its gl...

United States >>  1/16/2025 - MSC Mediterranean Shipping Company is pleased to announce that it will again take center stage at the Transpacific Maritime Conference (TPM25) in Long...
Bulgaria >>  1/15/2025 - CMA CGM is pleased to announce new Feedering service as from WEEK 4 of 2025.

This weekly service, starting in Izmit on January 22nd, 2025,...


Switzerland >>  1/15/2025 - Cargill is advancing a new era in sustainable shipping, putting innovation and collaboration at the core of its mission to move goods responsibly acro...
Spain >>  1/14/2025 - DFDS is launching a weekly freight service connecting Spain and the Netherlands, aimed at serving the needs of industrial customers, freight forwarder...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.