HSHP

Himalaya Shipping Ltd. operates as a dry bulk shipping company focused on transporting essential commodities across global markets. Headquartered in Hamilton, Bermuda, the company owns and operates a modern fleet of Newcastlemax dry bulk vessels, which represent the largest dry bulk carriers capable of transiting the Panama Canal. These vessels primarily transport iron ore, coal, grain, and other major bulk commodities for mining companies, commodity traders, and industrial customers worldwide. The company distinguishes itself through its fleet of fuel-efficient, eco-design vessels built to meet stringent environmental standards. Himalaya Shipping's Newcastlemax vessels feature advanced hull designs and engine technology that reduce fuel consumption and emissions compared to older dry bulk carriers. The company operates under time charter agreements that provide predictable revenue streams while maintaining exposure to the dry bulk shipping market. Founded in 2021, Himalaya Shipping executed a significant fleet expansion program, taking delivery of multiple newbuild vessels from Chinese shipyards. The company maintains strategic relationships with major charterers in the commodities sector and positions itself within the premium segment of the dry bulk market. As a publicly traded entity on the New York Stock Exchange, Himalaya Shipping represents a relatively new entrant in the dry bulk shipping sector, with management led by industry veterans with extensive maritime experience.