Himalaya Shipping (HSHP) said Friday it secured a new time charter agreement spanning 12 to 14 months for its Mount Emai ship.
The vessel will begin the updated assignment during May after completing its existing deployment, the company said.
The ship will earn a variable rate that pays more than the Baltic 5TC shipping index, and the company has the option to switch to a fixed payment rate in the future, Himalaya said.
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