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Companies $HSHP
$16.82 +$0.06 (0.36%) Close
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Himalaya Shipping Ltd

himalaya-shipping.com

What Do They Do?

Operates Newcastlemax dry bulk vessels that carry commodities for major commodity companies and multimodal transport companies.

How Do They Make Money?

Charterers pay for use of the vessels under time charters, with payments generally made 15 days in advance; fixed-rate charter income is spread across the charter term, while index-linked income follows the index for each period.

FY2025 revenue

Who Are Their Customers?

Major commodity companies and multimodal transport companies charter the vessels; charterers choose the routes and the commodities carried.

Do Revenues Turn Into Profits?

Yes. It kept 13 cents of every revenue dollar as net income in FY2025.

Operating income, FY2025
52% of revenue
▲ +2% vs FY2024 ($66.7M, 54%)
Net income, FY2025
13% of revenue
▼ −16% vs FY2024 ($21.1M, 17%)

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