PSL Charters 2 Ultramax Vessels to Singapore’s Jaldhi Overseas

Precious Shipping Public Company Limited (SET: PSL) has informed the Stock Exchange of Thailand of the following recent long-term charters.

  1. Ultramax vessel, M.V. Ubon Naree, has been fixed on a long-term charter of 24 to 26 months with Jaldhi Overseas Pte Ltd., Singapore, commencing 18 January 2026 at a gross variable rate equivalent to 115% of the Baltic Exchange Supramax Index (BSI-63K) weighted time charter average value over the previous 15 days. This variable rate currently stands at about $14,000 per day.
  2. Ultramax vessel, M.V. Uthita Naree, has been fixed on a long-term charter of 24 to 26 months with Jaldhi Overseas Pte Ltd., Singapore, commencing 22 January 2026 at a gross variable rate equivalent to 115% of the Baltic Exchange Supramax Index (BSI-63K) weighted time charter average value over the previous 15 days. This variable rate currently stands at about $14,000 per day.