{"id":31882,"date":"2022-11-09T01:51:12","date_gmt":"2022-11-08T22:51:12","guid":{"rendered":"https:\/\/www.al-sindbad.net\/performance-shipping-fixes-another-aframax-to-glencores-st-shipping-at-bumper-rate\/31882\/"},"modified":"2022-11-09T01:51:12","modified_gmt":"2022-11-08T22:51:12","slug":"performance-shipping-fixes-another-aframax-to-glencores-st-shipping-at-bumper-rate","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/performance-shipping-fixes-another-aframax-to-glencores-st-shipping-at-bumper-rate\/31882\/","title":{"rendered":"Performance Shipping fixes another aframax to Glencore\u2019s ST Shipping at bumper rate"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Greek tanker owner Performance Shipping has secured long-term employment for its <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/performance-shipping-takes-fleet-to-eight-with-35m-aframax-deal\/\" target=\"_blank\" rel=\"noreferrer noopener\">recently acquired<\/a><\/span> aframax<br \/>\n\t\t\t<span style=\"color:#00adeb;\" class=\"mt_tooltip\" data-mturl=\"\/en\/ais\/details\/ships\/shipid:409749\/mmsi:352451000\/vessel:409749\" data-info=\"PHOENIX BEACON [PA]\" data-photourl=\"https:\/\/www.al-sindbad.net\/file\/2022\/11\/Performance-Shipping-fixes-another-aframax-to-Glencores-ST-Shipping-at.aspx.jpeg\" data-assetname=\"9568172\" data-assettype=\"IMO number\">Phoenix Beacon<\/span> in a new and improved charter deal with Glencore\u2019s Singapore-based ST Shipping and Transport.<\/p>\n<p>The new contract is set to start at $32,000 per day following the vessel\u2019s delivery in December and last 24 months with options to extend or reduce the charter for 45 days.<\/p>\n<p>End-October the company also fixed the 2011-built aframax <span style=\"text-decoration: underline;\"><a href=\"https:\/\/splash247.com\/performance-shipping-charters-aframax-to-glencores-st-shipping\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>P Yanbu<\/em><\/a><\/span> to Glencore\u2019s shipping arm for two years at $30,000 per day.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>The Nasdaq-listed company said it expects to earn at least $22m from the new deal.<\/p>\n<p>Performance Shipping will have four aframaxes under time charter contracts with fixed revenues of at least $68m, while the remaining three ships are operating in the spot market through their participation in pools.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/greece\/\" rel=\"tag\">Greece<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greek tanker owner Performance Shipping has secured long-term employment for its recently acquired aframax Phoenix Beacon in a new and improved charter deal with Glencore\u2019s Singapore-based ST Shipping and Transport. The new contract is set to start at $32,000 per day following the vessel\u2019s delivery in December and last 24 months with options to extend &hellip;<\/p>\n","protected":false},"author":1,"featured_media":31883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-31882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/31882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=31882"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/31882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/31883"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=31882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=31882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=31882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}