220,000 DWT Newcastlemax Dual-Fuel Methanol Bulk Carrier 12-Year Charter Yield 2026

Underwrite 220,000 DWT Newcastlemax iron ore bulk carriers with green methanol dual-fuel propulsion on 12-year fixed time charters ($36,000/day TCE) and cash dividend yields.

Underwriting Assumptions

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

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

Newbuild Methanol Newcastlemax Capex ($M)

Senior Maritime Loan Financing (%)

Ship Mortgage Interest Rate (%)

Projected Economics

Annual Operating EBITDA

Net Annual Distributable Cash Flow

Net Cash-on-Cash Dividend Yield