
Himalaya Shipping announces June earnings and cash distribution
- Himalaya Shipping achieved average time charter equivalent earnings of approximately US$52,900 per day in June.
- The company's board of directors approved a monthly cash distribution of US$0.22 per share for investors.
- Operational performance outpaced the benchmark Baltic Capesize index average by more than US$17,400 per day.
Himalaya Shipping (NYSE:HSHP) achieved average time charter equivalent earnings of approximately US$52,900 per day gross during June 2026, including average daily scrubber benefits of US$1,300.
The monthly operational revenue marks a significant premium over the benchmark Baltic 5TC 180 Capesize Index, which averaged US$35,414 during the identical trading period.
The performance breakout includes seven vessels operating on index-linked time charters that averaged US$52,500 per day alongside five fixed-rate vessels that generated US$53,400 per day.
Following the announcement, Himalaya Shipping's share price was up at $14.95.
The board utilized the robust operating results to authorize a capital distribution of US$0.22 per share to be paid from the corporate contributed surplus account.
Management established a definitive shareholder record date of July 20, 2026, with final cash distributions scheduled for disbursement on or about July 28, 2026.
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