Dry CargoEurope

Belships locks in trio on index-linked contracts

Oslo-listed Belships has chartered out three of its bulk carriers for at least one year each.

The Lars Christian Skarsgård-led owner and operator said it had clinched index-linked contracts for a trio of ultramaxes starting in February and March this year.

The unnamed ships, which will come off their fixed-rate charters, will earn a premium of between 116 and 120% of the Baltic Supramax Index.

The latest deals, revealed in the company’s Q4 earnings report, have taken Belships’ total number of bulkers on floating index-linked contracts to nine.

Belships counts 30 ships on the water and eight ultramaxes under construction at Japanese shipyards for delivery between 2024 and 2027.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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