Performance Shipping enters time charter contract for M/T P. Aliki

Performance Shipping (PSHG) entered into a time charter contract with Pakistan National Shipping Corporation for its M/T P. Aliki, a 105,304 DWT LR2 Aframax tanker, built in 2010 Under the agreement, the vessel will be chartered for a period of 12 months, plus or minus 15 days at the Charterer’s option, at a daily gross charter rate of $30,000. The P. Aliki completed a six-month charter with Seariver Maritime LLC, a subsidiary of ExxonMobil Corporation, and is currently undergoing its third special survey and drydock. She will be delivered to the Charterer upon completion of the drydock, expected to be around mid-September 2025. This charter increases the Company’s fleetwide secured revenue backlog by approximately $10.5 million for the minimum duration of the charter, bringing the total to about $250.5 million, based on the minimum duration of each charter and as of the end of the last financial reporting period.