350,000 DWT Newcastlemax Dual-Fuel Liquefied Synthetic Methane (LSM) Bulk Carrier 15-Year Charter 2026

Underwrite 350,000 DWT Newcastlemax bulk carriers powered by drop-in liquefied e-methane (synthetic biomethane) dual-fuel engines on 15-year fixed time charters ($49,000/day TCE) and cash dividend yields.

Underwriting Assumptions

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

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

Newbuild e-Methane 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