Star Bulk Scores Charters for 3 Newbuildings

Star Bulk Scores Charters for 3 Newbuildings

Athens-based owner and operator of dry bulk carriers Star Bulk Carriers has found voyage employment for three of its Newcastlemax bulk carriers, currently under construction in China, with an unnamed mining company.

HN 1359, HN NE 166 (to be named Gargantua) and HN NE 184 (to be named Maharaj) will be employed for 45 consecutive round-trip voyages from Australia to China over a period of approximately five years, assuming normal travelling conditions and port waiting times.

Under the terms of the agreements, the gross freight rate to be earned by each of the vessels, on a USD/ton basis, will be linked to the Baltic Index C5 route, as published by the Baltic Exchange, less voyage expenses.

Based on the current delivery schedule of the vessels, the first delivery to the charterer is expected to take place in the 2nd quarter of 2015.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >