1,300,000 DWT Chinamax Dual-Fuel Synthetic Liquid Bio-Methane Bulk Carrier 15-Year Charter 2026

Underwrite 1,300,000 DWT Chinamax ultra-large VLOC dry bulk carriers powered by drop-in synthetic liquid biomethane dual-fuel 2-stroke engines on 15-year fixed time charters ($71,000/day TCE) and cash dividend yields.

Underwriting Assumptions

15-Year Fixed Time Charter Rate ($/day TCE)

Bio-Gas Crew, Spares & Marine Ins ($/day)

Newbuild Bio-Methane 1.3M DWT Chinamax ($M)

Senior Maritime Clean Energy Loan Financing (%)

Ship Mortgage Interest Rate (%)

Projected Economics

Annual Operating EBITDA

Net Annual Distributable Cash Flow

Net Cash-on-Cash Dividend Yield