Market capitalisation of approximately NOK 1.76 billion
207th listing on Euronext markets and the 68th on Oslo Børs markets in 2021
Oslo – 22 December 2021 – Oslo Børs, part of the Euronext Group, today congratulates Himalaya Shipping on its listing on Euronext Growth Oslo (ticker: HSHIP). This is the 68th listing on Oslo Børs markets so far this year, and the 60th on Euronext Growth Oslo.
The company is an independent bulk carrier company that is a new player in the dry bulk market, with 12 dual fuel Newcastlemax dry bulk vessels currently under construction at New Times Shipbuilding in China. The vessels will deliver fuel efficiency and lower emissions, and they are prepared for next generation fuels.
At opening, the share price of Himalaya Shipping was set at NOK 55 per share based on its closing price on the Euronext NOTC market for unlisted shares on 21 December. This corresponds to a total estimated value of the company of approximately NOK 1.76 billion.
Bjørn Isaksen, Himalaya Shipping’s director, said: “We are excited to be admitted to trading on Euronext Growth, as we continue developing our business and contributing to reducing the environmental footprint of the shipping industry with our state of the art dual fuel Newcastlemax vessels. Our vessels have been well received in the chartering market, and we are looking forward to completing our newbuilding programme and realising our strategies together with our investors.”
Himalaya Shipping Ltd. is an independent bulk carrier company, incorporated in Bermuda. The company has ordered 12 LNG dual fuelled Newcastlemax dry bulk carriers with delivery between Q2 2023 and Q4 2024.