Performance Shipping Inc. Secures Charter Contract With Aramco for About 24 Months at US$41,000 Per Day
Performance Shipping Inc. - Common Shares (PSHG)
Company Research
Source: GlobeNewswire
ATHENS, Greece, June 05, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aramco Trading Fujairah FZE (“Aramco” or the "Charterer") for the 2011-built, 104,588 dwt Aframax tanker vessel, the M/T Briolette. The gross charter rate will be US$41,000 per day for a period of twenty-four (24) months ± 30 days at the option of the Charterer. The charter commenced on June 2, 2024, in direct continuation of the previous charter, and is expected to generate approximately US$28.7 million in gross revenue for the minimum duration of the charter. Andreas Michalopoulos, the Company's Chief Executive Officer, stated: "We are pleased to announce the direct continuation of the charter with Aramco, one of the world’s largest integrated energy and chemicals companies. Th
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News
- Performance Shipping Inc. Secures Charter Contract with Trafigura for LR2 Aframax Tanker, M/T P. Aliki [Yahoo! Finance]Yahoo! Finance
- Performance Shipping Inc. Secures Charter Contract with Trafigura for LR2 Aframax Tanker, M/T P. AlikiGlobeNewswire
- Performance Shipping Inc. Secures Charter Contract With Aramco for About 24 Months at US$41,000 Per Day [Yahoo! Finance]Yahoo! Finance
- Performance Shipping Inc. Reports Solid Financial Results for the First Quarter Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Performance Shipping Inc. Reports Solid Financial Results for the First Quarter Ended March 31, 2024GlobeNewswire
PSHG
Sec Filings
- 6/6/24 - Form 6-K
- 6/5/24 - Form 6-K
- 5/30/24 - Form 6-K
- PSHG's page on the SEC website