Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day
This charter will generate approximately US$25.7 million of gross revenue for the minimum duration of the charter.
- This charter will generate approximately US$25.7 million of gross revenue for the minimum duration of the charter.
- Commenting on this charter, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated:
“We are very pleased to announce this new time charter contract for our Aframax tanker, M/T P. Long Beach. - “Together with this charter, over half of our current fleet will be under time charter contracts, earning gross charter rates ranging from US$23,000 to US$37,200 per day.
- This brings our secured revenue backlog to approximately US$54 million, based on the minimum duration of each charter.