Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, has entered through its wholly-owned subsidiary into a time charter deal with PBF Holding Company LLC, a subsidiary of
Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, has entered through its wholly-owned subsidiary into a time charter deal with PBF Holding Company LLC, a subsidiary of PBF Energy Inc., for its 105,525-dwt aframax tanker P. Monterey built in 2011.
The vessel will be chartered to PBF Holding Company LLC for a gross charter rate of $31,000 per day for a period of three years +/- 30 days at the option of the charterer.
The charter is expected to begin in mid-February and will generate around $33m of gross revenue for the minimum duration of the charter.
Commenting on this charter, Andreas Michalopoulos, chief executive officer of Performance Shipping, stated: “We are pleased to announce this new time charter arrangement, which further strengthens cash flow visibility and increases the company’s fleetwide aggregate backlog to a record level of approximately US$349 million as of January 1, 2026.
“Securing
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