Performance Shipping Secures Time Charter Contract for M/T P. Aliki with Pakistan National Shipping Corporation

PSHG
October 08, 2025

Performance Shipping Inc. announced on August 18, 2025, that it has entered into a time charter contract with Pakistan National Shipping Corporation (PNSC) for its M/T P. Aliki. The M/T P. Aliki is a 105,304 DWT LR2 Aframax tanker, built in 2010.

Under the agreement, the vessel will be chartered for a period of 12 months, with a +/- 15-day option at the charterer’s discretion, at a daily gross charter rate of US$30,000. The M/T P. Aliki recently completed a six-month charter with SeaRiver Maritime LLC, a subsidiary of ExxonMobil Corporation.

The vessel is currently undergoing its third special survey and drydock, with delivery to PNSC expected around mid-September 2025 upon completion. This charter increases the company’s fleetwide secured revenue backlog by approximately US$10.5 million for the minimum duration of the charter, bringing the total to about US$250.5 million.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.