Himalaya Shipping Ltd. (HSHIP) – Financing secured for newbuild program

Hamilton, Bermuda, April 21, 2022

Himalaya is pleased to announce it has signed definitive documentation for the sale leaseback financing on ship 5-12. The Company have now secured sale leaseback financing for its complete newbuilding program of 12 dual fuel Newcastlemax vessels with delivery between Q2 2023 and Q4 2024.

The financing covers the remaining instalments to the shipyard and secures attractive financing for 7 years from delivery.

The sale leaseback financing offers both pre and post delivery financing. The Company has customary purchase options at certain dates in the future.

For further queries, please contact: 

Herman Billung, Contracted CEO 

Telephone +47 918 31 590

About Himalaya Shipping Ltd.: 

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has ordered 12 LNG dual fuel Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024.