Performance Shipping Inc. Announces a US$32,500 Per Day Time Charter Contract for About 18 Months
Performance Shipping Inc. - Common Shares (PSHG)
Company Research
Source: GlobeNewswire
ATHENS, Greece, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aramco Trading Fujairah FZE (the “Charterer), for the M/T Briolette. The gross charter rate will be US$32,500 per day for a period of eighteen (18) months +/- 30 days at the option of the Charterer and will commence in November. This charter is expected to generate approximately US$16.8 million of gross revenue for the minimum duration of the charter. The M/T Briolette is a 104,588 dwt Aframax tanker vessel built in 2011 by Sumitomo Heavy Industries Marine & Engineering Co. Ltd. Commenting on this charter, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated: “This contract showcases not only our Company’s repeat business with reputable and creditworthy counterparties,
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News
- Performance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-FGlobeNewswire
- Performance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per Day [Yahoo! Finance]Yahoo! Finance
- Performance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per DayGlobeNewswire
- Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023 [Yahoo! Finance]Yahoo! Finance
- Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023GlobeNewswire
PSHG
Sec Filings
- 3/28/24 - Form 20-F
- 3/26/24 - Form 6-K
- 3/26/24 - Form SC
- PSHG's page on the SEC website