Greek tanker owner Performance Shipping led-by chairperson of its board Aliki Paliou has extended, through a wholly-owned subsidiary, the existing time charter contract with American Eagle Tankers (AET), a member of
Greek tanker owner Performance Shipping led-by chairperson of its board Aliki Paliou has extended, through a wholly-owned subsidiary, the existing time charter contract with American Eagle Tankers (AET), a member of MISC Group, for its 2011-built, 104,623 dwt aframax tanker Blue Moon.
The company extended the charter for a period of twenty-four months +/– 15 days at the option of the charterer at an average gross charter rate of $43,000 per day for the first year and $38,000 per day for the second year, representing an average gross charter rate of $40,500 per day over the two-year period.
Upon completion of the vessel’s current charter period, the Blue Moon is scheduled to undergo its planned drydock.
The extended charter period is expected to begin directly thereafter, by the end of 2026.
The charter extension is expected to generate around $29m of gross revenue for the minimum duration of the extended charter
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