Himalaya shifts newcastlemax pair onto fixed hire

Himalaya Shipping Tor Olav Trøim-backed Himalaya Shipping has switched two of its newcastlemax bulkers from index-linked employment to fixed-rate charters averaging $51,200 per day. The five-month cover runs from August 1 through to the end of 2026 and is worth about $15.7m in gross hire across the two ships. Both vessels will continue to earn scrubber benefits under their existing charter agreements. The vessels were not named, but Himalaya’s entire 12-strong fleet comprises 210,000 dwt LNG dual-fuel newcastlemaxes. The latest conversion was struck at a significantly higher level than a similar move last August, when Himalaya fixed another two vessels at an average of $38,700 per day for the final quarter of 2025. Himalaya also converted four ships to fixed rates averaging $56,500 per day for June. The company reported fleetwide gross time charter equivalent earnings of $52,900 per day that month, including average scrubber benefits of $1,300 per vessel per day. The owner’s most recent fixture saw the 2024-built Mount Aconcagua secured for 16 to 18 months on an index-linked rate at a premium to the Baltic 5TC benchmark. Follow Us Adis Ajdin Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy. Newsletter DAILY SPLASH NEWSLETTER Subscribe now for FREE daily news updates. Subscribe Read Next August 3, 2026 Ditas doubles down on suezmaxes with Samsung brace August 3, 2026 Costamare Bulkers offloads its oldest ship August 3, 2026 BP exit puts fresh pressure on UK over Jackdaw and Rosebank August 3, 2026 Navigator Amon seals financing for ammonia carrier newbuilds August 3, 2026 North Star secures $370m to fuel offshore wind fleet growth Back to top button