Himalaya Shipping Ltd. is a maritime transportation company focused on the dry bulk shipping market. Founded in 2021 and headquartered in Bermuda, the company owns and operates a modern fleet of 12 Newcastlemax dry bulk carriers, each with a capacity of approximately 210,000 deadweight tons. The vessels were delivered between 2023 and 2024 and feature advanced environmental technologies, including LNG dual-fuel propulsion systems, nitrogen abatement systems, and scrubbers, positioning the fleet for lower emissions and future conversion to next-generation fuels. Himalaya Shipping generates revenue primarily through time charter agreements, employing a mix of index-linked and fixed-rate charters to optimize earnings while managing market volatility. The company serves a global client base, including major commodity trading, energy transition, and multi-modal transport companies. By maintaining a pure-play focus on the Capesize/Newcastlemax segment and leveraging its eco-friendly fleet, Himalaya Shipping aims to offer highly competitive and efficient tonnage in the international dry bulk market.
