Himalaya Shipping announces August distribution following strong earnings

Himalaya Shipping Ltd. announced a cash distribution of $0.10 per share for August 2025, to be paid from the company's contributed surplus account. The distribution was approved on September 4, 2025, with a record date of September 16, 2025, and a payment date on or about September 25, 2025. For shares traded on Euronext, the last day including right is September 12, 2025, and the ex-date is September 15, 2025, with payment expected on or about September 30, 2025, due to CSDR implementation in Norway.

The announcement follows strong commercial performance in August 2025, with the company achieving average time charter equivalent (TCE) earnings of approximately $36,700 per day, gross, including average daily scrubber benefits of $1,300 per day across its twelve vessels. Six vessels on fixed time charters earned $35,300 per day, gross, while the six vessels on index-linked time charters earned $38,100 per day, gross. The Baltic 5TC Capesize Index averaged $25,741 during the same period.

Operating revenues gross for August 2025 totaled $13.7m, derived from $13.2m in time charter revenues and $0.5m in address commission, over 372 fleet operational days, confirming the $36,700 average TCE earnings, gross. Himalaya Shipping Ltd. operates as an independent bulk carrier company based in Bermuda with twelve vessels.