Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day

ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ:PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Marathon Maritime Company (the "Charterer"), a wholly-owned subsidiary of Marathon Petroleum Corporation (NYSE:MPC), for the M/T P. Long Beach. The gross charter rate will be US$37,200 per day for a period ...