Himalaya Shipping Ltd. (HSHP) Conversions to fixed rate time charters for four vessels

28 Nov 2025 16:35 CET

Hamilton, Bermuda, November 28, 2025

The Company has agreed to convert the index-linked time charters for four
vessels to fixed rate time charters at an average rate of approximately
US$27,700 per day, gross, from January 1, 2026, to March 31, 2026.

In addition, the above vessels will continue to earn scrubber benefits
according to the terms of the existing time charter agreements.

For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in
Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements include
non-historical statements. These forward-looking statements are based on
current expectations or beliefs, and are subject to uncertainty and changes in
circumstances. These forward-looking statements are subject to a number of
risks and uncertainties, which could cause the actual results to differ
materially from those indicated in such forward-looking statements. Such risks
are set forth under "Item 3. Key Information --- D. Risk Factors" in our
Annual Report on Form 20-F for the year ended December 31, 2024 filed with the
U.S. Securities and Exchange Commission. Except as required by law, we
undertake no obligation to update these forward-looking statements, whether as
a result of new information, future events, or otherwise.

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