Performance Shipping Inc. announced that it has entered into a time charter contract with PBF Holding Company LLC, a subsidiary of PBF Energy Inc., for its vessel M/T P. Monterey, a 105,525 dwt Aframax tanker built in 2011. The contract is for a period of three years, plus or minus 30 days at the option of the Charterer, with a gross charter rate of US$31,000 per day. The charter is expected to commence in mid-February and is anticipated to generate approximately US$33 million of gross revenue for the minimum duration of the charter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Performance Shipping Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9628643-en) on January 20, 2026, and is solely responsible for the information contained therein.
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