Himalaya Shipping Ltd. (HSHP) – Commercial Update
Hamilton, Bermuda, August 10, 2023 In July 2023, the Company achieved average time charter equivalent (“TCE”) earnings of approximately US$22,300 per day, gross[1]. The Company’s four vessels trading on index-linked time charters earned approximately US$20,100 per day, gross, including average daily scrubber benefits of approximately US$1,600 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$13,192 during July 2023. For further queries, please contact: Herman Billung, Contracted CEO