Himalaya Shipping Ltd.

HSHP: 6-K · dividend

Himalaya Shipping reported September 2026 average TCE earnings of approximately US$65,800 per day gross, including US$2,300/day of scrubber benefits, versus a Baltic 5TC Capesize Index average of US$49,209. The company's eight index-linked vessels earned about US$71,100/day gross while its four fixed-charter vessels earned about US$55,100/day gross, on September time charter revenues of $22.8 million. The Board approved a cash distribution of US$0.28 per share for September 2026, with a record date of October 19, 2026 and payment on or about October 27, 2026.

SEC 6-K•19d ago

HSHP: 6-K · dividend

Himalaya Shipping earned approximately US$57,700 per day gross in time charter equivalent earnings during August 2026 across its twelve Capesize dry bulk vessels, running well above the Baltic 5TC 180 Capesize Index monthly average of US$39,906. Average daily scrubber benefits contributed roughly US$2,600 of that figure. The Board approved a cash distribution of US$0.25 per share for August 2026, payable on or about September 25, 2026 to holders of record as of September 18, 2026. Due to Norwegian CSDR implementation, the Euronext ex-date is September 17, 2026, while the NYSE ex-date is September 18, 2026. August time charter revenues totaled US$20.7 million gross (US$21.5 million operating revenues after adding back US$0.8 million of address commissions) over 372 fleet operational days. Ten vessels trade on index-linked charters and two on fixed charters at approximately US$57,600 per day gross.

SEC 6-K•1mo ago

HSHP: 6-K · material agreement

Himalaya Shipping Ltd. has agreed to convert the index-linked time charters for two vessels to fixed rate time charters at an average rate of approximately US$53,000 per day, gross. The fixed rate applies from September 1, 2026 through March 31, 2027, and the Bermuda-based independent bulk carrier currently has twelve vessels in operation. The conversion locks in roughly seven months of revenue certainty for about a sixth of the fleet, trading away potential upside if dry bulk charter indices rise further.

SEC 6-K•1mo ago

HSHP: 6-K · earnings release

Himalaya Shipping reported H1 2026 results on Form 6-K with total operating revenues of $87.3 million, up 68.2% year over year, and net income of $29.6 million versus a net loss of $5.3 million a year earlier. Second-quarter net income was $24.6 million with EPS of $0.52, compared to $0.02 in Q2 2025. The turnaround was driven by much stronger dry bulk rates: average gross TCE earnings hit $41,500 per day versus $24,800 per day in H1 2025, while the Baltic 5TC 180 Capesize Index averaged $29,494 per day, nearly double the prior-year period. EBITDA rose 96.8% to $68.5 million and operating cash flow jumped to $44.0 million. Capital returns accelerated, with $0.68 per share ($31.9 million) distributed in H1, followed by $0.22-per-share distributions of $10.4 million each paid in July and declared for August. Shareholders also approved a $28.5 million transfer to contributed surplus, and the company consolidated Peak Maritime Management at 54% ownership from April 1, 2026. On the balance sheet, Himalaya held $34.8 million in cash against $687.6 million in gross lease debt, remained in covenant compliance, and kept a $10 million Drew Holdings revolving credit facility (SOFR + 6.5%) fully undrawn; Drew holds 27.6% of the shares.

SEC 6-K•2mo ago

HSHP: 6-K · earnings release

Himalaya Shipping reported preliminary Q2 2026 results with net income of $24.6 million and EBITDA of $44.0 million, up from $1.1 million and $20.9 million in Q2 2025. Total operating revenues rose 79.6% year-on-year to $53.7 million, with basic and diluted EPS of $0.52 versus $0.02 a year earlier. The 12-vessel Newcastlemax fleet earned average time-charter-equivalent revenue of approximately $50,600 per day gross — roughly double the year-ago level and far above the Baltic 5TC 180 Capesize Index average of $36,303 per day. July TCE held at about $51,200 per day, and the company converted index-linked charters on four vessels to fixed rates near $56,500 per day for June, with two more converted at about $51,200 per day through year-end. Himalaya declared monthly cash distributions totaling $0.59 per share for Q2 and another $0.22 per share for July 2026, its 31st consecutive monthly payout. The balance sheet carried $34.8 million in cash against $677.5 million in net debt, all funded through seven-year sale-and-leaseback arrangements with Chinese leasing houses, and cash break-even now sits at $24,400 per vessel per day. Management kept a positive Capesize outlook, citing a 16% orderbook-to-fleet ratio and ton-mile growth from Guinea and Brazil iron ore and bauxite demand.

SEC 6-K•2mo ago

HSHP: 6-K · dividend

Himalaya Shipping Ltd. reported average time charter equivalent (TCE) earnings of approximately US$51,200 per day, gross, for July 2026, including about US$2,100 per day of scrubber benefits, with all twelve vessels trading on index-linked time charters. That compares with the Baltic 5TC 180 Capesize Index average of US$35,143 for the month. The Board approved a cash distribution of US$0.22 per share for June 2026, payable from the Contributed Surplus account, with a record date of August 21, 2026 and payment on or about August 27, 2026. Ex-dividend dates differ by venue: August 20, 2026 on Euronext and August 21, 2026 on the NYSE under the shortened US settlement cycle, with Euronext VPS shareholders expected to be paid on or about August 31, 2026. The fleet earning well above the Capesize index reflects the premium embedded in its index-linked charter structure, supporting the recurring monthly payout, though one vessel's reported monthly earnings are based on prior-month index rates and therefore lag spot moves.

SEC 6-K•2mo ago

HSHP: 6-K · material agreement

Himalaya Shipping Ltd. has entered into a new time charter agreement for the vessel Mount Aconcagua for a period of 16 to 18 months. The charter is set to commence in the second half of July following the vessel's redelivery from its current contract and will generate revenue at an index-linked rate. The company stated the rate reflects a significant premium to the Baltic 5TC index, with provisions allowing for conversion to a fixed rate based on the FFA curve.

SEC 6-K•3mo ago

HSHP: 6-K · dividend

Himalaya Shipping Ltd. reported average time charter equivalent earnings of approximately $52,900 per day for June 2026, with a Baltic 5TC index average of $35,414. The Board of Directors approved a cash distribution of $0.22 per share for the month, to be paid from the Company's Contributed Surplus account. Shareholders of record as of July 20, 2026, will receive the payment on or about July 28, 2026, though dates vary for Euronext VPS and NYSE listings due to regulatory settlement cycles.

SEC 6-K•3mo ago

HSHP: 6-K · ownership disclosure

Himalaya Shipping Ltd. Chairman Bjorn Isaksen has entered into a new forward purchase agreement to acquire 200,000 common shares at a price of USD 15.22 per share. The agreement is set to settle on June 17, 2029, and includes a price adjustment mechanism of 6% interest less any dividends paid during the term. This transaction follows the expiration and cash settlement of a previous forward purchase agreement for 200,000 shares that was entered into in November 2024. The previous agreement was settled in cash at a price of approximately USD 8.57 per share. Following these transactions, Mr. Isaksen and his close associates directly own 300,000 shares. He additionally holds a beneficial interest in 200,000 shares through the newly established forward purchase agreement.

SEC 6-K•4mo ago

HSHP: 6-K · dividend

Himalaya Shipping Ltd. declared a monthly cash distribution of $0.22 per share for May 2026, payable from its Contributed Surplus account. The ex-date for NYSE-traded shares is June 22, 2026, while Euronext-traded shares have an ex-date of June 19, 2026. The company reported average time charter equivalent (TCE) earnings of $57,200 per day for May, driven by a Baltic 5TC 180 Capesize Index average of $42,475. Eleven index-linked vessels earned approximately $59,600 per day, while one fixed-charter vessel earned $30,300 per day. Total operating revenues, gross, reached $21.3 million for the month, comprising $20.5 million in time charter revenues and $0.8 million in address commissions. The strong TCE performance reflects favorable market conditions for Capesize bulk carriers during the period.

SEC 6-K•4mo ago

HSHP: 6-K · material agreement

Himalaya Shipping Ltd. (HSHP) announced the conversion of index-linked time charters to fixed-rate agreements for four of its vessels for June 2026. The vessels will earn an average rate of approximately US$56,500 per day, gross, providing near-term revenue visibility. This move locks in rates for one-third of the company's 12-vessel fleet, shielding those assets from potential spot market volatility while maintaining scrubber benefits under existing terms. The fixed-rate conversion signals management's confidence in current freight rates and reduces earnings uncertainty for the upcoming month.

SEC 6-K•4mo ago

HSHP: 6-K · other

Himalaya Shipping Ltd. (HSHP) announced that CEO Lars-Christian Svensen acquired 4,000 shares in the company at an average price of NOK 131.36 per share. The transaction, executed on the Oslo Børs on May 22, 2026, brings Svensen’s total holdings to 23,186 shares and 185,000 share options. This insider purchase signals confidence in the company’s near-term prospects from its top executive. While the volume is modest, CEO buying is generally viewed as a positive signal by investors, suggesting management believes the stock is undervalued or poised for growth.

SEC 6-K•5mo ago

HSHP: 6-K · offering registration

Himalaya Shipping Ltd. announced that its board has resolved to issue 175,000 new shares following the exercise of share options by two key insiders. Director Carl Erik Steen exercised 75,000 options and CFO Vidar Hasund exercised 100,000 options, both at a strike price of US$6.49 per share. The issuance is subject to the option holders paying the strike price and the company complying with Euronext Rule Book II requirements. Following the transactions, Steen will own 277,496 shares and Hasund will own 100,000 shares plus 20,000 remaining options. This insider buying activity signals confidence in the company's near-term prospects, though the dilution from 175,000 shares is modest relative to the company's total capitalization. The company operates twelve bulk carrier vessels and is incorporated in Bermuda.

SEC 6-K•5mo ago

HSHP: 6-K · earnings release

Himalaya Shipping Ltd. (HSHP) reported a strong first quarter of 2026, turning a $6.4 million net loss in the prior year period into a $5.0 million net profit. Operating revenues surged 52.7% year-over-year to $33.6 million, driven by an average time charter equivalent (TCE) earnings of $32,300 per day, significantly outperforming the Baltic 5TC 180 Capesize Index average of $22,902 per day. The company declared total cash distributions of $0.18 per share for the quarter and announced a subsequent distribution of $0.15 per share for April 2026, reflecting robust cash generation. Himalaya also secured new long-term index-linked time charters for three vessels (Mount Ita, Mount Matterhorn, and Mount Emai) at rates reflecting a significant premium to the market index, locking in future earnings visibility. Management highlighted a positive long-term outlook for the Capesize market, citing a low order book (14% of fleet), increasing ton-mile demand from iron ore and bauxite, and supply constraints due to mandatory dry-docking. The company increased its ownership stake in its manager, 2020 Bulkers Management AS, from 40% to 54% through a recent acquisition.

SEC 6-K•5mo ago