Himalaya Shipping books profitable quarter with fully delivered newcastlemax fleet

Newcastlemax owner Himalaya Shipping has reported a profitable second quarter, during which it took delivery of its final three bulkers from China’s New Times Shipbuilding.

It has also extended two converted fixed-rate vessel charters by an extra month at a lower rate during July.

Contracted CEO Herman Billung said: “All of our 12 ships have been successfully delivered from New Times Shipyard and are now generating revenue.