Tor Olav Troim’s Oslo-listed dry cargo ventures Himalaya Shipping and 2020 Bulkers have logged a slide in earnings during June, but are comfortably beating the Baltic Exchange’s benchmark index.
Newcastlemax specialist Himalaya Shipping achieved average time charter equivalent (TCE) earnings of $23,100 per day, down from $28,300 per day the previous month.
The three vessels trading on index-linked time charters managed $20,500 per day, including average daily scrubber benefits of $1,600 per day.
