Himalaya Shipping Ltd. is a Bermuda-incorporated owner and operator of a fleet of dual-fueled Newcastlemax dry bulk vessels, each held through a separate Liberian subsidiary to manage risk. The company generates revenue by chartering its vessels to cargo owners and trading companies under time charter and voyage charter agreements, with rates determined by prevailing market conditions in the dry bulk shipping sector. The company maintains strict compliance with international maritime regulations spanning environmental standards, safety protocols, energy efficiency requirements, and pollution prevention, while carrying comprehensive insurance coverage including hull and machinery, protection and indemnity, and loss of hire policies to protect against operational and liability risks.