Y/KNOT Invest: Revenue up to $5.5 million from the chartering of Amethyst

Y/KNOT Invest announced the first chartering of the tanker that recently joined its fleet. The agreement, with a duration of 2.5-3.5 months, is expected to generate revenue of $3-5.5 million.

Y/KNOT Invest: Revenue up to $5.5 million from the chartering of Amethyst

This article is an AI translation of an original piece published in Greek. Read original

Y/KNOT Invest, the Greek shipping S.A. that opened the cycle of the presence of shipping companies on Euronext Athens, announces the first chartering agreement for the tanker AMETHYST, which recently joined its fleet. The charter is already underway and is expected to have a total duration of 2.5 to 3.5 months.

The agreement is estimated to generate revenue between 3 and 5.5 million U.S. dollars during the time charter.

It is recalled that AMETHYST was acquired at the end of June for a total consideration of 44 million dollars and was immediately integrated into the company's commercial activity.

Y/KNOT Invest remains committed to implementing its strategy, seeking the optimal utilization of its investments and the further strengthening of its position in the international shipping market, with the aim of creating attractive returns for its shareholders, the relevant announcement notes.

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