Belships has entered into agreements to charter out four vessels for about 2 years period at an average gross rate of about USD 22 000 per day per vessel.
Two of the contracts will commence within Q2 2022, and the remaining two will commence during Q3 2022.
For the next four quarters from Q3 2022 onwards, contract coverage now stands at 70 per cent at a gross rate of about USD 23 600 per day per vessel. For 2023 contract coverage stands at 45 per cent at a gross rate of about USD 23 000 per day per vessel.