Himalaya Shipping Ltd. (HSHP) – Time charters for two vessels
Hamilton, Bermuda, June 6, 2023 Himalaya Shipping is pleased to announce it has entered into time charter agreements for two vessels with a substantial and reputable counterparty. The vessels will commence a 22 to 26 months’ time charter, plus an option exercisable by the counterparty for further 11 to 13 months, upon delivery from New Times Shipyard between January and July 2024. Both vessels will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index (BCI). The time charters also include a profit sharing of any economic benefit derived from operating