ATHENS, Greece, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (âweâ or the âCompanyâ), a global shipping company specializing in the ownership of tanker vessels, today announced that it has entered into a time charter contract with Pakistan National Shipping Corporation (âPNSCâ or the âChartererâ) for its M/T P. Aliki, a 105,304 DWT LR2 Aframax tanker, built in 2010.
Related Questions
How does the $30,000 per day charter rate for the M/TâŻP.âŻAliki compare to prevailing market rates for similar LR2 Aframax vessels and to the company's historical rates?
What is the length and key terms of the charter with PNSC, and how will it affect Performance Shippingâs cash flow, EBITDA and net income forecasts for the next 12â18 months?
How will this contract impact fleet utilization and average daily earnings relative to peers, and what implications does it have for PSHGâs stock valuation and dividend outlook?