Himalaya Shipping Ltd. (HSHP) New time charter agreement for Mount Ita

09 Jan 2026 08:00 CET

Hamilton, Bermuda, January 9, 2026

The Company has entered into a new time charter agreement for the Mount Ita
for a period of 11 to 14 months. The vessel will commence the new time charter
in the second half of January following the planned redelivery under its
current charter.

The vessel will earn an index linked rate, reflecting a significant premium to
the Baltic 5TC index, as well as certain rights to convert the time charters
to fixed rates based on the prevailing FFA curve from time to time.

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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