Lars Christian Svensson
CEO
Replay available
Himalaya Shipping Ltd. Common Shares (HSHP) Q1 2025 Earnings Call
Himalaya Shipping Ltd. Common Shares (NYSE: HSHP) Q1 2025 earnings conference call, held 2025-05-22. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Vidar Hasun
CFO
Peter Haugen
Analyst, ABG
Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.058 Welcome to Himalaya Shipping Q1 2025 results presentation conference 00:00:05.058 -- 00:00:10.966 call. For the first part of this call, all participants are in a listen-only mode. 00:00:10.966 -- 00:00:14.331 Afterwards, there will be a question and answer session. 00:00:14.331 -- 00:00:19.358 To ask a question, please press 5 star on your telephone keypad. 00:00:19.358 -- 00:00:21.762 This call is being recorded. 00:00:21.762 -- 00:00:26.448 And I will now turn the call over to CEO Lars Christian Svensson. 00:00:26.448 -- 00:00:27.129 Please begin. 00:00:27.129 -- 00:00:29.129 Thank 00:00:29.232 -- 00:00:34.978 you, Operator. Welcome to the Q1 2025 conference call for Himalaya Shipping. 00:00:34.978 -- 00:00:39.264 My name is Lars Christian Svensson, and I will be joined here today by our CFO, Vidar 00:00:39.264 -- 00:00:44.230 Hasun. Before we start the presentation, I would like to remind you that we will be discussing 00:00:44.230 -- 00:00:48.596 matters that are forward-looking. These assumptions reflect the company's current views 00:00:48.596 -- 00:00:52.821 regarding future events and are subject to risks and uncertainties. 00:00:52.821 -- 00:00:57.107 Actual results may differ materially from those anticipated. 00:00:57.107 -- 00:01:00.882 I will now continue with the highlights of the quarter. 00:01:00.882 -- 00:01:06.591 we reported a net loss of $6.2 million and an adjusted EBITDA of $13.8 00:01:06.591 -- 00:01:11.238 million. The gross time charter equivalent earnings for the quarter was approximately 00:01:11.238 -- 00:01:13.238 $21,100. 00:01:14.363 -- 00:01:19.411 We also entered into a new time charter agreement on the Mount Norifjell for 14 to 38 00:01:19.411 -- 00:01:25.099 months at a Baltic index rate higher t...