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home / news releases / PSHG - Performance Shipping announces time charter contract for LR2 Aframax oil product tanker

PSHG - Performance Shipping announces time charter contract for LR2 Aframax oil product tanker

Performance Shipping Inc.
  • Performance Shipping ( NASDAQ: PSHG ) said Thursday it entered into a time charter contract with Trafigura Maritime Logistics for the LR2 Aframax oil product tanker the M/T Alpine Amalia, to be renamed P. Aliki.
  • The gross charter rate will be $45K per day for a minimum of seven months to a maximum of ten months at the option of Trafigura and will start after the vessel's delivery to PSHG expected in Nov.
  • The charter is expected to generate ~$9.5M-$13.7M in gross revenue, depending on the duration of the charter.

For further details see:

Performance Shipping announces time charter contract for LR2 Aframax oil product tanker
Stock Information
Company Name: Performance Shipping Inc.
Stock Symbol: PSHG
Market: NASDAQ
Website: pshipping.com
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