Performance Shipping Lands $30K/Day Charter for M/T P. Aliki
Ticker: PSHG · Form: 6-K · Filed: Aug 18, 2025 · CIK: 1481241
| Field | Detail |
|---|---|
| Company | Performance Shipping Inc. (PSHG) |
| Form Type | 6-K |
| Filed Date | Aug 18, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $30,000 |
| Sentiment | bullish |
Sentiment: bullish
Topics: charter-contract, shipping, revenue
TL;DR
Performance Shipping just inked a new charter for M/T P. Aliki at $30k/day, starting Sept 2025 for 12-15 months.
AI Summary
Performance Shipping Inc. announced on August 18, 2025, that it has secured a time charter contract for its M/T P. Aliki vessel. The contract is for a daily rate of US$30,000 and is expected to commence in September 2025. This agreement is for a period of approximately 12 to 15 months.
Why It Matters
This new charter agreement provides Performance Shipping Inc. with a stable revenue stream at a significant daily rate, enhancing its financial performance in the current shipping market.
Risk Assessment
Risk Level: medium — The company operates in the volatile shipping industry, subject to fluctuating charter rates and global economic conditions.
Key Numbers
- US$30,000 — Daily Charter Rate (Secured for M/T P. Aliki)
- 12-15 months — Charter Duration (Expected length of the contract)
Key Players & Entities
- Performance Shipping Inc. (company) — Registrant
- M/T P. Aliki (company) — Vessel
- US$30,000 (dollar_amount) — Daily charter rate
- August 18, 2025 (date) — Announcement date
- September 2025 (date) — Charter commencement
FAQ
What is the name of the vessel Performance Shipping Inc. has secured a time charter contract for?
The vessel is named M/T P. Aliki.
What is the daily rate for the time charter contract of the M/T P. Aliki?
The daily rate is US$30,000.
When is the time charter contract for the M/T P. Aliki expected to commence?
The contract is expected to commence in September 2025.
What is the expected duration of the time charter contract for the M/T P. Aliki?
The expected duration is approximately 12 to 15 months.
What is the filing date of this Form 6-K report?
The filing date is August 18, 2025.
Filing Stats: 284 words · 1 min read · ~1 pages · Grade level 10.3 · Accepted 2025-08-18 16:32:07
Key Financial Figures
- $30,000 — Charter Contract for M/T P. Aliki at US$30,000 Per Day." The information contained in
Filing Documents
- ef20054141_6k.htm (6-K) — 7KB
- ef20054141_ex99-1.htm (EX-99.1) — 11KB
- 0001140361-25-031754.txt ( ) — 19KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. PERFORMANCE SHIPPING INC. (Registrant) Dated: August 18, 2025 /s/ Andreas Michalopoulos By: Andreas Michalopoulos Chief Executive Officer