Himalaya Shipping Ltd. (HSHP) – Time charter of one vessel and extension of six charters
Hamilton, Bermuda, October 26, 2023 Himalaya Shipping is pleased to announce it has entered into a time charter agreement for one vessel with a major Japanese shipping and logistics company. The vessel will commence a 24-month time charter with an evergreen structure upon delivery from New Times Shipyard in the first half of 2024. The vessel 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 well as certain rights to convert the time