Performance Shipping (PSHG) has released an update.
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Performance Shipping Inc. has secured a lucrative charter contract with Aramco for their Aframax tanker vessel M/T Briolette, locking in a daily rate of $41,000 over 24 months, with the deal expected to generate approximately $28.7 million. The new contract commences directly after the previous agreement, boasting a $8,500 daily rate increase, reflecting the company’s ongoing commitment to providing high-quality maritime transport services. Performance Shipping Inc. underscores its robust contract backlog and anticipates favorable charter rates for the future based on current market conditions.
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