Himalaya Shipping Ltd. (HSHP) – Ex cash distribution US$0.06 today on Euronext

The shares in Himalaya Shipping Ltd. will be traded on Euronext Oslo Børs ex cash distribution US$0.06 as from today, February 19, 2026.

Due to the shortening of the Settlement Cycle in the US markets, ex cash distribution date for shares traded on the New York Stock Exchange will be on February 20, 2026.

Himalaya Shipping Ltd. (HSHP) Announces its Preliminary Results for the Three and Twelve Months Ended December 31, 2025

Hamilton, Bermuda, February 10, 2026

Himalaya Shipping Ltd. (“Himalaya,” “Himalaya Shipping” or the “Company”) announces preliminary unaudited results for the three and twelve months ended December 31, 2025.

Highlights for the Fourth Quarter of 2025

  • Total operating revenues of $42.1 million, which is an average time charter equivalent (“TCE”) earnings of approximately $39,600 per day, gross1. Average Baltic 5TC Capesize Index was $28,875 per day.
  • Net income of $13.5 million and EBITDA2 of $33.3 million.
  • Converted the index-linked time charters for four vessels to fixed rate time charters at an average rate of approximately US$27,700 per day, gross, from January 1, 2026 to March 31, 2026.
  • Entered into a new time charter agreement for Mount Elbrus until June 30, 2026 at a fixed rate of $30,000 per day, gross, which thereafter will convert to an index linked rate reflecting a significant premium to the Baltic 5TC index with an evergreen structure.
  • Entered into a new time charter agreement for Mount Ita for a period of 11 to 14 months at an index linked rate, reflecting a significant premium to the Baltic 5TC index.
  • Cash distributions of $0.07, $0.10 and $0.13 per common share for October, November and December 2025, respectively.

Subsequent Events

  • Achieved time charter equivalent earnings for January 2026 of approximately $32,400 per day, gross.
  • Declared a cash distribution of $0.06 per common share for January 2026.
  • Entered into a contract to acquire an additional 4,200 shares in 2020 Bulkers Management AS from 2020 Bulkers Ltd. for NOK1.1 million, which will be effective on April 1, 2026, for a total ownership of 54%.

About Himalaya Shipping Ltd.

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

February 10, 2026

The Board of Directors
Himalaya Shipping Ltd.
Hamilton, Bermuda

1 The Company uses certain financial information calculated on a basis other than in accordance with accounting principles generally accepted in the United States (US GAAP) including average TCE earnings, gross and EBITDA. Average daily TCE earnings, gross, as presented above, represents time charter revenues and voyage charter revenues adding back address commissions and divided by fleet operational days. Please refer to the appendix of this release for a reconciliation of this non-GAAP measure to the most directly comparable financial measures prepared in accordance with US GAAP.
2 EBITDA as presented above represents our net income plus depreciation of vessels and equipment; total financial expenses, net; and income tax expense. Please refer to the appendix of this report for a reconciliation of this non-GAAP financial measure to the most directly comparable financial measure prepared in accordance with US GAAP.

Himalaya Shipping Ltd. (HSHP) – Commercial Update and Key Information Relating to the Cash Distribution for January 2026

Hamilton, Bermuda, February 10, 2026

Commercial update:

In January 2026, Himalaya Shipping Ltd. (“Himalaya,” or the “Company”) achieved average time charter equivalent (“TCE”) earnings of approximately US$32,400 per day, gross1, including average daily scrubber benefits on eleven vessels of approximately US$1,100 per day. The Company’s five vessels trading on fixed time charters earned approximately US$29,900 per day, gross, including average daily scrubber benefits on four vessels. The Company’s seven vessels trading on index-linked time charters earned approximately US$34,200 per day, gross, including average daily scrubber benefits.

The Baltic 5TC 180 Capesize Index averaged US$21,425 during January 2026.

Cash distribution:

The Board has approved a cash distribution of US$0.06 per share for January 2026. The distribution will be made from the Company’s Contributed Surplus account.

Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository:

Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.

Key information:

Distribution amount: US$0.06 per share

Declared currency: US$. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on February 27, 2026.

Date of approval: February 9, 2026

Record date: February 20, 2026

Payment date: On or about February 27, 2026.

The following dates apply to shares traded on Euronext:

Last day including right: February 18, 2026

Ex-date: February 19, 2026

Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about March 4, 2026.

Due to the shortening of the Settlement Cycle in the US markets, the following dates apply to shares traded in the New York Stock Exchange:

Last day including right: February 19, 2026

Ex-date: February 20, 2026

This information is published in accordance with the requirements of the Continuing Obligations.

For further queries, please contact:  
Lars-Christian Svensen, Contracted CEO  
Telephone +47476 38756  

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks are set forth under “Item 3. Key Information — D. Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

1 Average TCE earnings, gross is a non-U.S. GAAP measure of the average daily revenue performance of a vessel. Average TCE earnings, gross, when used by the Company, means time charter revenues and voyage charter revenues adding back address commissions, and divided by fleet operational days. Our management believes average TCE earnings, gross can provide additional meaningful information for investors to analyze our fleets’ daily income performance. Our calculation of such figure may not be comparable to that reported by other companies. Please see Appendix A for reconciliation of this measure to the nearest U.S. GAAP measure.

Appendix A – Reconciliation of Non-U.S. GAAP Measures

Time Charter Equivalent (“TCE”) Earnings, gross

The following table sets forth a reconciliation of time charter revenues to the average TCE earnings, gross (unaudited) for the period presented:

(In millions of U.S. dollars except per day data) For the one-month period ended
January 31, 2026
Time charter revenues $ 11.6
Address commission $ 0.4
Operating revenues, gross $ 12.0
Fleet operational days 372
Average TCE Earnings, gross $ 32,400

Himalaya Shipping Ltd. (HSHP) – Ex cash distribution US$0.13 today on Euronext

The shares in Himalaya Shipping Ltd. will be traded on Euronext Oslo Børs ex cash distribution US$0.13 as from today, January 19, 2026.

Due to the shortening of the Settlement Cycle in the US markets, ex cash distribution date for shares traded on the New York Stock Exchange will be on January 20, 2026.

Himalaya Shipping Ltd. (HSHP) – Commercial Update and Key Information Relating to the Cash Distribution for December 2025

Hamilton, Bermuda, January 9, 2026

Commercial update:

In December 2025, Himalaya Shipping Ltd. (“Himalaya,” or the “Company”) achieved average time charter equivalent (“TCE”) earnings of approximately US$41,700 per day, gross1, including average daily scrubber benefits on twelve vessels of approximately US$1,500 per day. The Company’s six vessels trading on fixed time charters earned approximately US$38,200 per day, gross, including average daily scrubber benefits. The Company’s six vessels trading on index-linked time charters earned approximately US$45,200 per day, gross, including average daily scrubber benefits.

The Baltic 5TC Capesize Index averaged US$34,696 during December 2025.

Cash distribution:

The Board has approved a cash distribution of US$0.13 per share for December 2025. The distribution will be made from the Company’s Contributed Surplus account.

Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository:

Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.

Key information:

Distribution amount: US$0.13 per share

Declared currency: US$. Distributions payable to shares registered with Euronext VPS will be paid out in NOK with fixing date on January 27, 2026.

Date of approval: January 8, 2026

Record date: January 20, 2026

Payment date: On or about January 27, 2026.

The following dates apply to shares traded on Euronext:

Last day including right: January 16, 2026

Ex-date: January 19, 2026

Due to the implementation of CSDR in Norway, distributions payable on shares registered with Euronext VPS is expected to be distributed to Euronext VPS shareholders on or about January 30, 2026.

Due to the shortening of the Settlement Cycle in the US markets, the following dates apply to shares traded in the New York Stock Exchange:

Last day including right: January 16, 2026

Ex-date: January 20, 2026

This information is published in accordance with the requirements of the Continuing Obligations.

For further queries, please contact:  
Lars-Christian Svensen, Contracted CEO  
Telephone +47476 38756  

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks are set forth under “Item 3. Key Information — D. Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

1 Average TCE earnings, gross is a non-U.S. GAAP measure of the average daily revenue performance of a vessel. Average TCE earnings, gross, when used by the Company, means time charter revenues and voyage charter revenues adding back address commissions, and divided by fleet operational days. Our management believes average TCE earnings, gross can provide additional meaningful information for investors to analyze our fleets’ daily income performance. Our calculation of such figure may not be comparable to that reported by other companies. Please see Appendix A for reconciliation of this measure to the nearest U.S. GAAP measure.

Appendix A – Reconciliation of Non-U.S. GAAP Measures

Time Charter Equivalent (“TCE”) Earnings, gross

The following table sets forth a reconciliation of time charter revenues to the average TCE earnings, gross (unaudited) for the period presented:

(In millions of U.S. dollars except per day data) For the one-month period ended
December 31, 2025
Time charter revenues $ 14.9
Address commission $ 0.6
Operating revenues, gross $ 15.5
Fleet operational days 372
Average TCE Earnings, gross $ 41,700

Himalaya Shipping Ltd. (HSHP) – New time charter agreement for Mount Ita

Hamilton, Bermuda, January 9, 2026

The Company has entered into a new time charter agreement for the Mount Ita for a period of 11 to 14 months. The vessel will commence the new time charter in the second half of January following the planned redelivery under its current charter.

The vessel will earn an index linked rate, reflecting a significant premium to the Baltic 5TC index, as well as certain rights to convert the time charters to fixed rates based on the prevailing FFA curve from time to time.

For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks are set forth under “Item 3. Key Information — D. Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

Himalaya Shipping Ltd. (HSHP) – New time charter agreement for Mount Elbrus

Hamilton, Bermuda, December 17, 2025

The Company has entered into a new time charter agreement for the Mount Elbrus until June 30, 2026, with an evergreen structure thereafter. The vessel will commence the new time charter in the first half of January following the planned redelivery from its current charterer. The vessel will earn a fixed time charter of US$30,000 per day, gross, until June 30, 2026, which thereafter will convert to an index linked rate reflecting a significant premium to the Baltic 5TC index.

For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Forward Looking Statements:

This announcement includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include non-historical statements. These forward-looking statements are based on current expectations or beliefs, and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks are set forth under “Item 3. Key Information — D. Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

Himalaya Shipping Ltd. (HSHP) – Ex cash distribution US$0.10 today on Euronext

The shares in Himalaya Shipping Ltd. will be traded on Euronext Oslo Børs ex cash distribution US$0.10 as from today, December 12, 2025.

Due to the shortening of the Settlement Cycle in the US markets, ex cash distribution date for shares traded on the New York Stock Exchange will be on December 15, 2025.

Himalaya Shipping Ltd. (HSHP) – Increase in share capital

Hamilton, Bermuda, December 9, 2025

In connection with exercise of share options, Himalaya Shipping Ltd. (“Himalaya” or “the Company”) has issued 100,000 common shares on December 8, 2025. Following the share issuance, the Company has an issued share capital of US$46,650,000 divided into 46,650,000 common shares of par value US$1.00 each.

For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.

Himalaya Shipping Ltd. (HSHP) – Approval issuance of shares

Hamilton, Bermuda, December 5, 2025

Reference is made to the announcements by Himalaya Shipping Ltd. (the “Company”) regarding its share option program.

The Company has received exercise notice from a participant in the share incentive program and the board of directors has consequently resolved to issue 100,000 new shares. The shares will be issued to the option holder at a strike price of USD7.05 per share. In total, 100,000 options were exercised.

For further queries, please contact:
Lars-Christian Svensen, Contracted CEO
Telephone +47 476 38 756

About Himalaya Shipping Ltd.:

Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. Himalaya Shipping has twelve vessels in operation.