Precious Shipping Leases M.V. Vipha Naree to Singapore’s Louis Dreyfus

Precious Shipping Public Company Limited (SET: PSL) has informed the Stock Exchange of Thailand that the company’s Handysize vessel, M.V. Vipha Naree, was fixed on a 12-15 month charter to Louis Dreyfus Company Freight Asia Pte Ltd, Singapore, commencing 1 August 2025 at a gross variable rate equivalent to 106% of the Baltic Exchange Handysize Index (BHSI–38K) weighted time charter average value over the previous 15 days. This variable rate currently stands at about $12,900 per day.