390,000 DWT Newcastlemax Dual-Fuel Liquefied Synthetic e-Methanol Bulk Carrier 15-Year Charter 2026

Underwrite 390,000 DWT Newcastlemax bulk carriers powered by green e-methanol dual-fuel 2-stroke engines on 15-year fixed time charters ($53,000/day TCE) and cash dividend yields.

Underwriting Assumptions

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

e-Methanol Crew, Spares & Marine Ins ($/day)

Newbuild e-Methanol Newcastlemax Capex ($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