Himalaya Shipping Ltd. (HSHIP) – Time charters for four vessels
Hamilton, Bermuda, 17 October 2022, Himalaya Shipping is pleased to announce it has entered into time charter agreements for four vessels with Koch Shipping Pte Ltd. The vessels will commence a 24 month time charter with an evergreen structure upon delivery from New Times Shipyard in the second and third quarter of 2023, with certain options to roll two charters to 2024. The vessels will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index, and a profit sharing of any economic benefit derived from operating the vessel´s scrubber or running on LNG, as