Company Name

HIMALAYA SHIPPING LTD

ISIN

BMG4660A1036

Market

Euronext Expand

Symbol

HSHP

Hamilton, Bermuda, March 31, 2023

Reference is made to Himalaya Shipping Ltd.'s ("Himalaya Shipping") stock
exchange announcement on March 31, 2023, relating to the equity offering of a
total of 7,720,000 new common shares (the "Offer Shares"), each at a
subscription price of US$5.8 per Offer Share (the "Subscription Price").

The following persons discharging managerial responsibilities ("PDMRs") in
Himalaya Shipping have subscribed for and been allocated the following Offer
Shares at the Subscription Price:

Bjørn Isaksen, Chairperson of Himalaya Shipping: 30,000 Offer Shares. After
delivery, Mr. Isaksen and Freng Invest AS, a company controlled by Bjørn
Isaksen, will own 350 000 shares and 150 000 share options in Himalaya Shipping.

Herman Billung, Contracted Chief Executive Officer of Himalaya Shipping: 17,241
Offer Shares. After delivery, Mr. Billung will own 37,241 shares and 100,000
share options in Himalaya Shipping.

Herman Billung, Contracted CEO

Telephone +47?918 31?590

More information:
Access the news on Oslo Bors NewsWeb site

586928_KRT_1500_Bjorn_Isaksen.pdf
586928_KRT_1500_Herman_Billung.pdf