tiprankstipranks
Performance Shipping Secures Profitable Charter
Company Announcements

Performance Shipping Secures Profitable Charter

Performance Shipping (PSHG) has released an update.

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TipRanks Auto-Generated NewsdeskPerformance Shipping Secures Lucrative 21-Month Charter for Aframax Tanker
TheFlyPerformance Shipping secures time charter contract for M/T Blue Moon
TipRanks Auto-Generated NewsdeskPerformance Shipping Inc. Announces Key Approvals at Annual Shareholders Meeting
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App