290,000 DWT Newcastlemax Dual-Fuel Bio-Methanol Bulk Carrier 15-Year Charter 2026

Underwrite 290,000 DWT Newcastlemax bulk carriers powered by certified green bio-methanol dual-fuel engines on 15-year green steel time charters ($43,000/day TCE) and cash dividend yields.

Underwriting Assumptions

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

Technical Crew, Methanol Spares & Ins ($/day)

Newbuild Bio-Methanol Newcastlemax Capex ($M)

Senior Maritime Clean Loan Financing (%)

Ship Mortgage Interest Rate (%)

Projected Economics

Annual Operating EBITDA

Net Annual Distributable Cash Flow

Net Cash-on-Cash Dividend Yield