09:52 AM EDT, 08/18/2025 (MT Newswires) -- Performance Shipping ( PSHG ) said Monday that it signed a time charter contract with Pakistan National Shipping for M/T P. Aliki, an Aframax tanker built in 2010.

The company said the charter will span 12 months at a daily gross charter rate of $30,000, with delivery expected around mid-September.

Performance Shipping ( PSHG ) said the charter will raise its fleetwide secured revenue backlog by about $10.5 million, at the contract's minimum duration, brining the total to about $250.5 million.

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