Bermuda-based bulk carrier company Himalaya Shipping has successfully taken delivery for a second liquefied natural gas (LNG), dual-fuel, 210,000 tons deadweight Newcastlemax newbuild from New Times Shipbuilding (NTS) in China.
The vessel named Mount Ita will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel. It will start a 32–38-months time charter, including the option for 11–13 months and a profit share of any economic benefit from operating the vessel’s scrubber.
The ships will all be fitted with scrubbers, permitting them to run on high-sulphur fuel oil and LNG and low-sulphur fuel oil. The scrubber installation would likely increase the vessels’ flexibility while paying back the investments within a year and a half.
ABB’s shaft generators fitted in the vessels comprise new drive systems and permanent magnet technology with a power take-off solution. Offshore Energy reported that the design of the vessels would also allow for future conversion to next-generation fuels.
The types of equipment could improve the energy efficiency of the vessels by up to 4% while saving around 20% of space on board, which is an unconventional solution, says ABB industries.
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Currently, Himalaya Shipping has two vessels in operation and ten Newcastlemax dry bulk vessels under construction at NTS in China. The company will deliver the remaining newbuilds by August 2024. A fourth vessel, Mount Blanc, launched on 1 March and will be delivered on charter in June.
