Himalaya Shipping Ltd. (HSHP) – Commercial Update
Hamilton, Bermuda, December 6, 2023 In November 2023, the Company achieved average time charter equivalent (“TCE”) earnings of approximately US$33,200 per day, gross[1]. The Company’s five vessels trading on index-linked time charters earned approximately US$33,800 per day, gross, including average daily scrubber and LNG benefits of approximately US$1,300 per day. The Company’s only vessel trading on a fixed time charter earned US$30,000 per day, gross. The Baltic 5TC Capesize Index averaged US$24,003 during November 2023. The Company has agreed to convert its index linked charters