Performance Shipping Inc. Secures $30,000 Daily Charter Contract for M/T P. Aliki with Pakistan National Shipping Corporation

Reuters
08/18
<a href="https://laohu8.com/S/PSHG">Performance Shipping Inc.</a> Secures $30,000 Daily Charter Contract for M/T P. Aliki with Pakistan National Shipping Corporation

Performance Shipping Inc., a global shipping company, has announced a new time charter contract with Pakistan National Shipping Corporation for its M/T P. Aliki, an LR2 Aframax tanker. The contract is set for a period of 12 months, with an option for a 15-day extension, at a daily gross charter rate of $30,000. The agreement is expected to significantly boost the company's earnings above the vessel's breakeven level and enhance revenue visibility. The P. Aliki, currently undergoing its third special survey and drydock, will be delivered to the charterer around mid-September 2025. This contract increases the company's secured revenue backlog by approximately $10.5 million, raising the total to $250.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Performance Shipping Inc. published the original content used to generate this news brief on August 18, 2025, and is solely responsible for the information contained therein.

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