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HSHP Himalaya Shipping Ltd

9.08
-0.08 (-0.87%)
After Hours
Last Updated: 21:00:41
Delayed by 15 minutes
Share Name Share Symbol Market Type
Himalaya Shipping Ltd NYSE:HSHP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.08 -0.87% 9.08 9.15 8.90 9.15 160,572 21:00:41

Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]

14/06/2024 11:08am

Edgar (US Regulatory)



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K


REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2024

Commission File Number 001-41676

Himalaya Shipping Ltd.
(Exact name of Registrant as specified in its charter)

Not applicable
(Translation of Registrant’s name into English)


S. E. Pearman Building
2nd floor, 9 Par-la-Ville Road
Hamilton HM 11
Bermuda
(Address of Principal Executive Office)



Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F o





















Exhibits.

ExhibitDescription
Press release




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Himalaya Shipping Ltd.
By:/s/ Herman Billung
Name:Herman Billung
Title:Chief Executive Officer
Date: June 14, 2024




Himalaya Shipping Ltd. (HSHP) - Delivery of Mount Emai and Commencement of Charter

Hamilton, Bermuda, June 14, 2024

Himalaya Shipping Ltd. is pleased to announce that it has successfully taken delivery of the twelfth and last of its series of 210,000 dwt Newcastlemax dual fuel newbuildings the Company has ordered from New Times Shipyard (NTS).

The vessel ("Mount Emai") will be delivered to a major Japanese shipping company and will commence a 23 to 27 months' time charter, plus an option exercisable by the counterparty for a further 11 to 13 months, and will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel. The time charter also includes a profit sharing of any economic benefit derived from operating the vessel´s scrubber or running on LNG, as well as has certain rights to convert the time charter to a fixed rate, based on the prevailing forward freight agreement (FFA) curve from time to time.

The Company would like to express its appreciation to NTS which in cooperation with our excellent site team, have proven to be able to deliver high-quality vessels always ahead of contractual delivery dates.

“This marks a significant milestone for Himalaya Shipping. We are meeting what we believe will be a very interesting cycle ahead of us with a state of the art fleet representing the youngest and most fuel efficient dry bulk fleet on the water today” says Herman Billung, contracted CEO of Himalaya Shipping.

For further queries, please contact: 
Herman Billung, Contracted CEO 
Telephone +47 918 31 590 


About Himalaya Shipping Ltd.: 

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks include risks relating to the delivery of our remaining newbuild vessels including the timing thereof and other risks, including those set forth under "Item 3. Key Information - D. Risk Factors" in our Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

















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