Himalaya Shipping reports strong September earnings, approves cash distribution

Himalaya Shipping Ltd. achieved average time charter equivalent (TCE) earnings of approximately $37,600 per day gross in September 2025 across its twelve vessels. This figure includes an average daily scrubber benefit of $1,500. Six vessels on fixed time charters earned roughly $35,800 per day, while the other six on index-linked time charters secured about $39,400 per day. The Baltic 5TC Capesize Index averaged $26,520 during the same month.

The company's board approved a cash distribution of $0.10 per share for September 2025, payable from its Contributed Surplus account. The distribution was approved on October 7, 2025, with a record date of October 20, 2025, and a payment date on or about October 28, 2025, for shares on the New York Stock Exchange.

For shares traded on Euronext VPS, the last day including right is October 16, 2025, with an ex-date of October 17, 2025. Due to CSDR implementation in Norway, distributions to Euronext VPS shareholders are expected around October 31, 2025, paid in NOK with a fixing date of October 28, 2025.