Performance Shipping has fixed out an LR2 tanker over the winter to ExxonMobil.
The Athens-based company said the US oil major’s shipping division SeaRiver Maritime will pay $33,500 per day over seven months for the 105,300-dwt P Aliki (built 2010).
The charterer has the option of 15 days more or less than that.
The deal begins early this month and will generate about $6.6m of gross revenue for the minimum duration, Performance added.
Chief executive Andreas Michalopoulos said he was extremely pleased to secure a contract with a unit of one of the world’s leading oil companies.
“This agreement is a testament to the high standards of operational excellence we consistently deliver and reflects the confidence that charterers place in our vessels and management practices,” he added.
“We look forward to further strengthening this collaboration and continuing to deliver exceptional value to our stakeholders.”
The Baltic Exchange’s latest spot rate assessment for LR2s is $23,400 per day, up 43% in a week.
In June, the P Aliki was fixed on a minimum four-and-a-half-month charter to trader Trafigura to leave it free for what the shipowner hoped was a stronger winter market.
The deal had options to extend up to nearly seven months, with the rate set at $47,000 per day for the firm period and $48,500 thereafter.
Profit rising
The charter was expected to start on 16 June and generate $6.4m in revenue for the minimum duration.
It is not clear when the ship came off the deal, but the full optional period has not been declared by Trafigura.
The Nasdaq-listed shipowner backed by Greece’s Palios family reported net profit of $12.4m for the third quarter, up from $10.4m in the same period of 2023.
The average fleet charter figure was $34,307, compared with $31,787 a year earlier.
Performance has seven aframax/LR2 ships operational, and three more on order, plus an LR1 newbuilding under construction.
