Himalaya Shipping Ltd. (HSHP) Conversion to fixed rate time charter for one vessel

Hamilton, Bermuda, September 26, 2025

The Company has agreed to convert the index-linked time charter for the Mount
Etna to a fixed rate time charter at a rate of approximately US$38,800 per
day, gross, from October 1, 2025 to December 31, 2025.

In addition, the above vessel will continue to earn scrubber benefits
according to the terms of the existing time charter agreement.

From October 1, 2025 to December 31, 2025 the Company has 6 vessels fixed at
an average rate of approximately US$36,300 per day, gross.

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.