Bruton signs 12-15 month time charter for Mount Horizon at USD 105,700/day net

Reuters2026/08/06 06:07

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Bruton entered a 12–15 month time charter for VLCC Mount Horizon at a fixed rate of USD 105,700 net per day.
Vessel delivery from the yard is scheduled for mid-November 2026.
First two VLCCs now chartered at an average USD 101,000 per day; annualized free cash flow to equity estimated at USD 0.71 per share.
If all four ships are fixed at USD 101,000 per day, annualized free cash flow to equity projected at USD 1.46 per share once delivered.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bruton Limited published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bruton signs 12-15 month time charter for Mount Horizon at USD 105,700/day net

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