Himalaya Shipping Ltd. · OSL:HSHP
Himalaya Shipping — Investor Presentation (December 2021)
7 slides from Himalaya Shipping's investor presentation, December 2021
Slide 1: Himalaya Shipping Ltd. – Listing at Euronext Growth
Himalaya Shipping Ltd. Something Unique – “Green” and Highly Profitable Listing at Euronext Growth |
Slide 2: Himalaya Shipping – project overview
Himalaya Shipping – project overview Price1 2 Target Ship Yard Size (DWTk) Ship type (USDm) delivery date Mount Kilimanjaro 68.4 NTS 208 Dual fuel Newcastlemax Mar-23 Mount Ita 68.4 NTS 208 Dual fuel Newcastlemax Mar-23 Mount Etna 68.4 NTS 208 Dual fuel Newcastlemax Apr-23 Mount Blanc 68.4 NTS 208 D
Slide 3: Why are we ordering bulkers? (I/III)
Why are we ordering bulkers? (I/III) Capesize orderbook as % of fleet Orderbook / Fleet 120% 118% 110% 100% 90% 80% 70% 60% 50% 40% 30% 8% 20% 6% 10% 0% 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Orderbook Orderbo
Slide 4: Why are we ordering bulkers? (II/III)
Why are we ordering bulkers? (II/III) Large part of the fleet non-compliant with new regulation Even a 2014 bulker will face EEXI compliance issues From at latest 1 Jan 2023 the new EEXI regulation will come into effect The EEXI describes the CO2 emissions per cargo ton and mile. It determines t
Slide 5: Why are we ordering bulkers? (III/III)
Why are we ordering bulkers? (III/III) Shipyard capacity down - 166 shipyards closed in China Banks exiting Anhui Hengshun Fangzhou Nantong Jinghua Tianjin Xingang Shipyard Anhui Ma'anshan Nantong Lianxinggang Shipbuilding Co Ltd - Qidong Universe Shipbuilding (Yangzhou) Bohai ( as above now just bl
Slide 6: The green twist – the 12 ships save CO2 equal to 40,000 cars
The green twist – the 12 ships save CO2 equal to 40,000 cars v - Around half of Norway’s EV sales pr year Significantly lower CO2 emissions Significantly lower NOX emissions Significantly lower SOX emissions kT of CO2/year 40% reduction in CO2 T pr year 99% reduction in NOX T pr year 99% reduction i
Slide 7: Solid capital return
Solid capital return Illustrative dividend pr share (in $) and yield (%) at different capesize index rates 1) $25/share – 408% $3.8/share – 61% $3.9/share – 63% $0.5/share – 8% $1.2/share – 19% 2020 average - 2023 FFA - 20 year avg - 2021 average - 20 year high - $15,400/day $19,000/day $32,800/day
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