Himalaya Shipping Ltd.

• Himalaya Shipping Ltd.
• Miscellaneous

HSHP

Offering Team

Pre-IPO Investors

Deal Highlights

We are an independent bulk carrier company with contracts to acquire 12 Newcastlemax dry bulk vessels, of which one vessel was delivered on March 2, 2023 and is in operation and 11 are under construction. We were founded in March 2021 for the purpose of operating high-quality dry bulk vessels in the range of 210,000 dwt.

We have agreements to acquire 12 Newcastlemax dry bulk vessels, of which one vessel has been delivered and is in operation and 11 are under construction at New Times Shipyard in China with an aggregate carrying capacity of 2.5 million dwt. These vessels will be equipped with the latest generation dual fuel LNG technology, with fuel-saving devices, exhaust gas cleaning systems, or “scrubbers”, and ammonia ready engines, which we believe will make our vessels more fuel efficient, more cost effective, and more environmentally friendly compared to older dry bulk vessels without these features which we believe will make our fleet more attractive to charterers.

Although LNG is not currently economical to use for dual fuel vessels at current LNG market prices, we expect the dual fuel capability to be a benefit in the future.
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We are an independent bulk carrier company with contracts to acquire 12 Newcastlemax dry bulk vessels, of which one vessel was delivered on March 2, 2023 and is in operation and 11 are under construction. We were founded in March 2021 for the purpose of operating high-quality dry bulk vessels in the range of 210,000 dwt. We have agreements to acquire 12 Newcastlemax dry bulk vessels, of which one vessel has been delivered and is in operation and 11 are under construction a More

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