Himalaya Shipping: Drew Holdings reports 22.5% stake

The reported 22.5% position carries shared voting and dispositive power attributed to Drew Holdings Ltd. and its sole shareholder.

Rhea-AI Filing Summary

Himalaya Shipping Ltd. is the issuer whose common shares are reported as beneficially owned by Drew Holdings Ltd. The amendment reports 10,505,732 shares, or 22.5% of the class, as of September 30, 2026. Drew Holdings Ltd. has shared voting and dispositive power over those shares; its sole shareholder, Tor Olav Troim, may also be deemed to beneficially own the same position. Both report no sole voting or dispositive power.

Key Figures

Beneficial ownership: 10,505,732 common shares Class ownership: 22.5% Shared voting power: 10,505,732 common shares +1 more

4 metrics

Beneficial ownership 10,505,732 common shares Reported as of September 30, 2026

Class ownership 22.5% Percentage of the common share class

Shared voting power 10,505,732 common shares Reported for Drew Holdings Ltd. and Tor Olav Troim

Shared dispositive power 10,505,732 common shares Reported for Drew Holdings Ltd. and Tor Olav Troim

Key Terms

beneficially owned, Shared Voting Power, Shared Dispositive Power

3 terms

beneficially owned regulatory

"Amount beneficially owned: 10,505,732"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Shared Voting Power regulatory

"Shared Voting Power 10,505,732.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Shared Dispositive Power regulatory

"Shared Dispositive Power 10,505,732.00"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many HSHP shares does Tor Olav Troim beneficially own?

Tor Olav Troim may be deemed to beneficially own 10,505,732 Himalaya Shipping Ltd. common shares, or 22.5% of the class, through Drew Holdings Ltd., of which he is the sole shareholder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/28/2026 - 04:02 PM EDT Accepted by SEC EDGAR 10/28/2026 - 04:02 PM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Himalaya Shipping Ltd.

(Name of Issuer)

Common shares

(Title of Class of Securities)

G4660A103

(CUSIP Number)

09/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G4660A103

1

Names of Reporting Persons

Drew Holdings Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,505,732.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,505,732.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,505,732.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

22.5 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP Number(s): G4660A103

1

Names of Reporting Persons

Tor Olav Troim

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORWAY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 10,505,732.00
7	Sole Dispositive Power
8	Shared Dispositive Power 10,505,732.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,505,732.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

22.5 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Himalaya Shipping Ltd.
(b)	Address of issuer's principal executive offices: S. E. Pearman Building, 2nd floor, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda
Item 2.
(a)	Name of person filing: Drew Holdings Ltd. Mr. Tor Olav Troim
(b)	Address or principal business office or, if none, residence: c/o Drew Holdings Ltd. 19 Par-la-Ville Road, 1st Floor Hamilton HM 11 Bermuda
(c)	Citizenship: Drew Holdings Ltd. is incorporated under the laws of Bermuda. Mr. Tor Olav Troim is a citizen of Norway.
(d)	Title of class of securities: Common shares
(e)	CUSIP No.: G4660A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 10,505,732 The 10,505,732 common shares of Himalaya Shipping Ltd. owned by Drew Holdings Limited may be deemed to be beneficially owned by Mr. Tor Olav Troim, as the sole shareholder of Drew Holdings Limited.
(b)	Percent of class: 22.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 10,505,732
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 10,505,732
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Drew Holdings Ltd.

Signature:	/s/ Erling Lind
Name/Title:	Director
Date:	10/28/2026

Tor Olav Troim

Signature:	/s/ Tor Olav Troim
Name/Title:	Tor Olav Troim
Date:	10/28/2026