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.

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.