Himalaya Shipping makes management changes

LNG-powered bulker owner Himalaya Shipping has made management changes after the resignation of its contracted chief financial officer Vidar Hasund.

According to a statement by Tor Olav Trøim’s Himalaya issued on Monday, Hasund will still be available as an advisor to the board and the management team of Himalaya and will continue as CFO for 2020 Bulkers.

Moreover, Herman Billung will be appointed as acting CFO of Himalaya, under the management agreement between 2020 Bulkers Management and Himalaya, and continue as acting CEO under the same agreement, it said.

Himalaya has also moved the roles of chief accounting officer and financial controller to London.

Alfi Lao joined Himalaya as chief accounting officer in April 2023.

She has more than 10 years accounting experience in the shipping industry, having served in various accounting roles at Golar LNG and Golar LNG Partners from 2012 to 2023, Himalaya said.

China’s New Times is building 12 LNG-powered Newcastlemax bulk carriers for Himalaya.

Earlier this year, Himalaya took delivery of the first vessel, Mount Norefjell, followed by the delivery of the second vessel, Mount Ita, and the third vessel, Mount Etna.

The latest and the fourth LNG-powered bulker, Mount Blanc, joined Himalaya’s fleet on May 31.

NTS also recently launched the LNG dual-fuel, Mount Neblina, the sixth vessel in this batch of twelve and started work on the two last vessels in the batch.

Up to date, Himalaya secured charter deals for nine of these ships.

Most Popular

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.

Power LNG takes step forward with Pelican Island facility

The Port of Galveston has approved a lease and development agreement with Texas-based Power LNG for the latter's planned small-scale, modular liquefied natural gas (LNG) production, storage, and bunkering facility on Pelican Island.

More News Like This

Golar buys conversion vessel for fourth FLNG

Floating LNG player Golar has agreed to acquire the LNG carrier Grace Dahlia from Japan's NYK Line to convert it into a floating LNG production unit.

Himalaya’s LNG-fueled bulkers earned $65,800 per day in September

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of approximately $65,800 per day in September.

Golar to raise $500 million via notes offering

Floating LNG player Golar LNG expects to close a $500 million senior notes offering in October.

Himalaya’s LNG-fueled bulkers earned $57,700 per day in August

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of approximately $57,700 per day in August.