Himalaya Shipping Ltd. announced that it has successfully taken delivery of the third of the twelve 210,000 dwt Newcastlemax new buildings the Company has on order from New Times Shipyard. The vessel ("Mount Etna") will commence a minimum 24 month charter with an evergreen structure thereafter and will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel. The time charters also include a profit sharing of any economic benefit derived from operating the vessel's scrubber or running on LNG, as well as certain rights to convert the time charters to fixed rates based on the preventing forward freight agreement (FFA) curve from time to time.