Himalaya Shipping Ltd.

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.

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