Himalaya Shipping Ltd. (HSHP) – Commercial Update
Hamilton, Bermuda, November 9, 2023 In October 2023, the Company achieved average time charter equivalent (“TCE”) earnings of approximately US$35,400 per day, gross[1]. The Company’s five vessels trading on index-linked time charters earned approximately US$36,500 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$25,557 during October 2023. For further queries, please contact: Herman Billung,