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Performance clinches charters for CSTC and SWS suezmax newbuild pair

Performance clinches charters for CSTC and SWS suezmax newbuild pair

Hellenic Shipping News
Performance Shipping net income nearly quadruples as tanker market looks sustainable

Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou,

Performance Shipping net income nearly quadruples as tanker market looks sustainable

Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, has entered into time charter agreements with Repsol Trading S.A. for its two 158,000-dwt suezmax tanker newbuildings under construction in China, by China Shipbuilding Trading and Shanghai Waigaoqiao Shipbuilding.

Under the agreements, the first vessel has been chartered for a period of seven years (±30 days) at a daily hire rate of US$35,000, while the second vessel has been chartered for a period of five years (±30 days) at a daily hire rate of US$36,850, payable monthly in advance.

The vessels are expected to be delivered from the shipyard to the company in October 2028 and May 2029 and will start their respective charters with Repsol upon their delivery.

In March, the company announced the signing of two shipbuilding contracts

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