Himalaya Shipping Ltd. (HSHIP) - Announces Launch of Initial Public Offering in the United States
Hamilton, Bermuda, March 27, 2023 Himalaya Shipping Ltd. (“Himalaya Shipping” or the “Company”), an independent bulk carrier company with two dual fueled Newcastlemax vessels in operation and 10 dual fueled Newcastlemax dry bulk vessels under construction at New Times Shipyard in China expected to be delivered between April 2023 and July 2024, announced today it has launched the initial public offering (the “Offering”) of $45,000,000 of its common shares. Himalaya Shipping will also grant the underwriters of the Offering a 30-day option to purchase up to an additional $6,750,000 of