280,000 DWT Newcastlemax Thorium Molten Salt Bulk Carrier 15-Year Charter Yield 2026

Underwrite 280,000 DWT Newcastlemax bulk carriers powered by liquid fluoride thorium reactors (LFTR) on 15-year fixed time charters ($49,000/day TCE) and cash dividend yields.

Underwriting Assumptions

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

Thorium Tech Crew, Security & Ins ($/day)

Newbuild Thorium SMR Newcastlemax Capex ($M)

Senior Maritime Clean Tech Loan Financing (%)

Ship Mortgage Interest Rate (%)

Projected Economics

Annual Operating EBITDA

Net Annual Distributable Cash Flow

Net Cash-on-Cash Dividend Yield