Performance Shipping (PSHG) has released an update.
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Performance Shipping Inc. has announced a lucrative charter agreement with Trafigura Maritime Logistics for the tanker vessel M/T P. Aliki. The deal, spanning a minimum of 4.5 to a maximum of 6 months and 25 days, offers a daily rate of up to $48,500, potentially generating over $6.4 million in revenue. This strategic charter is set to commence mid-June 2024, aligning with the company’s objective to capitalize on the strong seasonal market later in the year.
For further insights into PSHG stock, check out TipRanks’ Stock Analysis page.