Performance Shipping Wins Contract With Aramco Trading Fujairah; Charter Rate $41,000/Day For ~24 Months
Portfolio Pulse from Benzinga Newsdesk
Performance Shipping has secured a contract with Aramco Trading Fujairah for a charter rate of $41,000 per day for approximately 24 months.
June 05, 2024 | 1:30 pm
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Performance Shipping has secured a contract with Aramco Trading Fujairah for a charter rate of $41,000 per day for approximately 24 months. This contract is likely to boost the company's revenue and profitability in the short term.
The contract with Aramco Trading Fujairah at a high charter rate of $41,000 per day for nearly two years is a significant revenue boost for Performance Shipping. This will likely improve the company's financial performance and investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100