12:31 PM EST, 01/22/2025 (MT Newswires) -- Performance Shipping ( PSHG ) said Wednesday it extended its time charter contract for Aframax tanker P. Monterey with ST Shipping & Transport at a gross rate of $28,000 per day for a period around 12 months.

The charter commenced in mid-January and will generate $9.4 million in gross revenue for the minimum duration of the charter, Performance Shipping ( PSHG ) said.

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