Himalaya Shipping (HSHP)
Charters modern Newcastlemax vessels into dry bulk markets.
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Charters a focused fleet of 12 dual-fuel Newcastlemax dry bulk vessels, earning time-charter revenue from commodity-linked shipping demand. The model is narrow by design: a single reportable segment, external managers, and vessel economics shaped by dry bulk rates, charter re-employment, financing, and environmental rules.
Owns and charters dual-fuel Newcastlemax dry bulk vessels, with revenue generated through time-charter contracts rather than a broad mix of shipping services. The fleet was ordered as a focused newbuilding program and is managed commercially and technically through external managers.
Public-company exposure is narrow: a single reportable segment, dry bulk capacity, and vessel income tied to charter rates, operating days, re-employment, fuel costs, dry docking, insurance, and refinancing. The company is Bermuda-incorporated, listed in New York, and also listed in Oslo.
Execution centers on keeping modern large dry bulk vessels employed with counterparties while managing charter duration and index-linked economics. The business depends on dry bulk commodity demand, environmental and climate rules, route disruptions, and the performance of contracted managers and ship managers.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $34.8M · Total debt $677.5M · Total assets $853.8M · Shareholders' equity $162.8M
- Revenue
- $53.7M
- Operating income
- $36.7M
- Net income
- $24.6M
HistoryDividendAnnual yield
| Institutions | ≈ 48.63% | 22.69M ADS | |
|---|---|---|---|
| 114 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 1.29% | 600.7K ADS | |
| 3 holders · as of May 27, 2026 | |||
| Strategic holders | 27.93% | 13.03M ADS | |
| 1 holder · as of May 5, 2026 | |||
| Other | ≈ 22.15% | 10.33M ADS | |
| remainder | |||
46.65M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Drew Holdings Ltd.Strategic | 27.93% | 13.03M | filed May 5, 2026 |
Goldman Sachs Group IncInstitution | 5.83% | 2.72M ADS | as of Jun 30, 2026 |
Barclays PLCInstitution | 5.37% | 2.50M ADS | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 4.49% | 2.09M ADS | as of Jun 30, 2026 |
FMR LLCInstitution | 4.37% | 2.04M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 18, 2026 | Vidar Hasund | officer: Contracted CFO | −100,000 | $15.85 |
| May 22, 2026 | Lars-Christian Svensen | officer: Contracted CEO | +4,000 | $14.20 |
| Apr 9, 2026 | Bjorn Andreas Freng Isaksen | director | −300,000 | $13.40 |
- CMB.TECH (ADR)
Diversified maritime group with former Golden Ocean dry bulk scale
- Star Bulk Carriers
Large dry bulk fleet spanning Newcastlemax to Supramax classes
- Seanergy Maritime
Pure-play Capesize operator with Newcastlemax vessels
- Genco Shipping & Trading
U.S.-based dry bulk owner with Newcastlemax and Capesize exposure
- Diana Shipping
Time-charter dry bulk owner pursuing Genco
- Safe Bulkers
Dry bulk owner with Capesize and eco-vessel exposure
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Himalaya Shipping | $18.26 | −3.21% | $889.2M | 16.7 | 11.7 | 5.3 | +77.3% |
| CMB.TECH (ADR) | $19.49 | −0.86% | $5.70B | 6.8 | 8.5 | 2.5 | +78.0% |
| Star Bulk Carriers | $30.88 | −2.68% | $3.54B | 12.4 | 7.3 | 2.9 | +61.6% |
| Seanergy Maritime | $18.00 | −2.99% | $391.7M | 6.5 | 6.4 | 2.0 | +48.6% |
| Genco Shipping & Trading | $27.03 | −2.87% | $1.21B | 30.7 | 11.5 | 2.8 | +14.0% |
| Diana Shipping | $2.90 | −2.53% | $366.9M | 6.1 | 6.1 | 1.7 | +4.8% |
| Safe Bulkers | $8.55 | −3.66% | $903.2M | 11.4 | 12.5 | 2.9 | +33.0% |
| Median | 9.1 | 7.9 | 2.6 | +40.8% |