Himalaya Shipping Ltd. (HSHIP) - Results for the fourth quarter of 2021
Hamilton, Bermuda, February 28, 2022
Himalaya Shipping Ltd. (“Himalaya” or the “Company”), today announced its unaudited financial and operating results for the three months and period from March 17 to December 31, 2021.
Key events during the fourth quarter of 2021
- The Company reported net loss of US$0.5 million
- On October 30, 2021, Mr. Erling Lind resigned as a Director of the Company and was replaced with Carl Erik Steen who was appointed Director of the Company from November 1, 2021.
- In December, the Company received credit approval for the sale leaseback financing of the first four vessels to be delivered from New Times Shipyard.
- On December 22, 2021, the Company was listed on the Euronext Growth.
- On December 30, 2021, the Company appointed Herman Billung as functioning CEO, effective as of February 1, 2022, under the management agreement between 2020 Bulkers Management AS and Himalaya Shipping Ltd.
Subsequent Events
- In February 2022, the Company completed the sale leaseback financing for the first four newbuildings to be delivered from New Times Shipyard.
- In February 2022, the Company received credit approval for sale leaseback financing for the last eight newbuildings to be delivered from New Times Shipyard.
The Board of Directors Report and the Condensed Consolidated Financial Statements are available in the enclosed files.
For further queries please contact Herman Billung, Contracted CEO, +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 fuelled Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024.
February 28, 2022
Board of Directors
Himalaya Shipping Ltd.
Hamilton, Bermuda