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Clearlake extends charter of Greek Pistiolis Top Ships for tanker duo

Clearlake extends charter of Greek Pistiolis Top Ships for tanker duoRead summary ↓
Originally published byShipping Telegraph
AuthorShipping Telegraph
Publication date
Article languageEnglish EN
Editorial summary

Clearlake extends charter of Greek Pistiolis Top Ships for tanker duo

Shipping Telegraph covers renewed Clearlake employment for Eco West Coast and Eco Malibu. The Suezmax charters were extended for a firm period between 30 and 36 months at a gross daily rate of $32,850, beginning after the existing contracts expired in the first quarter of 2024.

The article distinguishes this new firm period from two further one-year extension options, whose stated daily rates were $34,750 and $36,750. Additional revenue of around $72m related to the maximum firm period. Management linked the early agreement to prevailing tanker-market strength and the vessels’ operating service, while the financial figures remained contractual expectations.

Originally published byShipping TelegraphRead the original article

An editorial summary of the linked publication. Figures and plans refer to its publication date.