Business UpdateAug 3, 2026, 06:13 AM
Himalaya Shipping converts 2 vessel charters to fixed rate at $51,200/day
AI Summary
Himalaya Shipping Ltd. has agreed to convert the index-linked time charters for two of its vessels to fixed-rate time charters. This conversion secures an average rate of approximately US$51,200 per day, gross, for the period from August 1, 2026, to December 31, 2026. The vessels will also continue to earn scrubber benefits according to the terms of the existing time charter agreements.
Key Highlights
- Converted two vessels' index-linked time charters to fixed-rate.
- Secured an average fixed rate of approximately US$51,200 per day, gross.
- Fixed rate period is from August 1, 2026, to December 31, 2026.
- Vessels will continue to earn scrubber benefits.
- Himalaya Shipping operates a fleet of twelve vessels.
Price Impact
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