{"header":{"OB_REQUEST_ID":"7d18b012-2cee-4fc1-b329-845d657b4751","result.val":0,"http.code":200,"result.text":"OK"},"data":{"message":{"id":677798,"messageId":677798,"newsId":630264,"title":"Himalaya Shipping Ltd. (HSHP)   Commercial Update and Key Information Relating to the Cash Distribution for June 2026","body":"Hamilton, Bermuda, July 8, 2026\n\nCommercial update:\n\nIn June 2026, Himalaya Shipping Ltd. (\"Himalaya,\" or the \"Company\") achieved\naverage time charter equivalent (\"TCE\") earnings of approximately US$52,900\nper day, gross[1], including average daily scrubber benefits of approximately\nUS$1,300 per day. The Company's seven vessels trading on index-linked time\ncharters earned approximately US$52,500 per day, gross, including average\ndaily scrubber benefits. The Company's five vessels trading on fixed time\ncharters earned approximately US$53,400 per day, gross, including average\ndaily scrubber benefits. The reported earnings for one of our vessels for a\nspecific month is, due to terms under its existing index-linked time charter\ncontract, primarily based on Capesize index rates for the previous month plus\na premium. This means that the reported earnings for June for this vessel is\nprimarily based on the Capesize index rates for May plus a premium.\n\nThe Baltic 5TC 180 Capesize Index averaged US$35,414 during June 2026.\n\nCash distribution:\n\nThe Board has approved a cash distribution of US$0.22 per share for June 2026.\nThe distribution will be made from the Company's Contributed Surplus account.\n\nNote to shareholders registered in Euronext VPS, the Norwegian Central\nSecurity Depository:\n\nDue to implementation of the Central Securities Depository Regulation (CSDR)\nin Norway, please note the information regarding the payment date for the\nshares registered in Euronext VPS below.\n\nKey information:\n\nDistribution amount: US$0.22 per share\n\nDeclared currency: US$. Distributions payable to shares registered with\nEuronext VPS will be paid out in NOK with fixing date on July 28, 2026.\n\nDate of approval: July 7, 2026\n\nRecord date: July 20, 2026\n\nPayment date: On or about July 28, 2026.\n\nThe following dates apply to shares traded on Euronext:\n\nLast day including right: July 16, 2026\n\nEx-date: July 17, 2026\n\nDue to the implementation of CSDR in Norway, distributions payable on shares\nregistered with Euronext VPS is expected to be distributed to Euronext VPS\nshareholders on or about July 31, 2026.\n\nDue to the shortening of the Settlement Cycle in the US markets, the following\ndates apply to shares traded in the New York Stock Exchange:\n\nLast day including right: July 17, 2026\n\nEx-date: July 20, 2026\n\nThis information is published in accordance with the requirements of the\nContinuing Obligations.\n\nFor further queries, please contact:  \nLars-Christian Svensen, Contracted CEO  \nTelephone +47476 38756  \n\nAbout Himalaya Shipping Ltd.:\n\nHimalaya Shipping Ltd. is an independent bulk carrier company, incorporated in\nBermuda. Himalaya Shipping has twelve vessels in operation.\n\nForward Looking Statements:\n\nThis announcement includes forward looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. These statements include\nnon-historical statements. These forward-looking statements are based on\ncurrent expectations or beliefs, and are subject to uncertainty and changes in\ncircumstances. These forward-looking statements are subject to a number of\nrisks and uncertainties, which could cause the actual results to differ\nmaterially from those indicated in such forward-looking statements. Such risks\nare set forth under \"Item 3. Key Information --- D. Risk Factors\" in our\nAnnual Report on Form 20-F for the year ended December 31, 2025 filed with the\nU.S. Securities and Exchange Commission. Except as required by law, we\nundertake no obligation to update these forward-looking statements, whether as\na result of new information, future events, or otherwise.\n\n[1] Average TCE earnings, gross is a non-U.S. GAAP measure of the average\ndaily revenue performance of a vessel. Average TCE earnings, gross, when used\nby the Company, means time charter revenues and voyage charter revenues adding\nback address commissions, and divided by fleet operational days. Our\nmanagement believes average TCE earnings, gross can provide additional\nmeaningful information for investors to analyze our fleets' daily income\nperformance. Our calculation of such figure may not be comparable to that\nreported by other companies. Please see Appendix A for reconciliation of this\nmeasure to the nearest U.S. GAAP measure.\n\nAppendix A -- Reconciliation of Non-U.S. GAAP Measures\n\nTime Charter Equivalent (\"TCE\") Earnings, gross\n\nThe following table sets forth a reconciliation of time charter revenues to\nthe average TCE earnings, gross (unaudited) for the period presented:\n\n+----------------------------------+--------------------------------+--------+\n| (In millions of U.S. dollars     | For the one-month period ended |        |\n| except per day data)             |         June 30, 2026          |        |\n+----------------------------------+--------------------------------+--------+\n| Time charter revenues            |                              $ | 18.3   |\n+----------------------------------+--------------------------------+--------+\n| Address commission               |                              $ | 0.7    |\n+----------------------------------+--------------------------------+--------+\n| Operating revenues, gross        |                              $ | 19.0   |\n+----------------------------------+--------------------------------+--------+\n|                                  |                                |        |\n|                                  |                                |        |\n+----------------------------------+--------------------------------+--------+\n| Fleet operational days           |                                | 360    |\n|                                  |                                |        |\n+----------------------------------+--------------------------------+--------+\n| Average TCE Earnings, gross      |                              $ | 52,900 |\n+----------------------------------+--------------------------------+--------+","category":[{"id":1010,"category_no":"ANNEN INFORMASJONSPLIKTIG REGULATORISK INFORMASJON","category_en":"ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE"}],"markets":["XOSL"],"issuerId":12940,"correctionForMessageId":0,"correctedByMessageId":0,"issuerSign":"HSHP","issuerName":"Himalaya Shipping Ltd","instrId":0,"instrumentName":"","instrumentFullName":"","publishedTime":"2026-07-08T06:00:04.838Z","test":false,"numbAttachments":0,"attachments":[],"clientAnnouncementId":"1c1cf3f0-e7ee-41f9-b926-9fd17d4cef2b","infoRequired":1,"oamMandatory":1}}}