Greece’s Performance Shipping has entered into a time charter contract with ExxonMobil subsidiary SeaRiver Maritime for one of its LR2 aframax tankers.
The deal will see the 2010-built, 105,304 dwt tanker P. Aliki work for Sea River Maritime for seven months. The charterer has the option to shorten or extend the deal by 15 days.
The deal started at the beginning of December. The vessel will work on a gross charter rate of $33,500 per day and is expected to generate around $6.6m in gross revenue for the minimum duration of the charter.
In recent company news, Aliki Paliou-led Performance sold an LNG-ready scrubber-fitted LR2 product and crude oil carrier to an unnamed counterparty in Asia and chartering it back for 10 years on a bareboat basis.
The bareboat financing amount totals about $45.39m, or 70% of the vessel’s shipbuilding price, and starts following delivery from the shipyard in the first quarter of 2026. The company will buy back the vessel for $20.2m, including the last instalment, when the ten-year bareboat deal expires, but also has options for early repurchase after two years under the charter.