Brief: Pacific RadianceSays Undertaken Review Of Vessel Chartering Activities

Pacific Radiance

24/04/2020 11:40

April 24 (Reuters) - Pacific Radiance Ltd  PACI.SI :
    * UNDERTAKEN REVIEW OF VESSEL CHARTERING ACTIVITIES IN
RESPONSE TO
CURRENT OIL PRICE VOLATILITY AND COVID-19
    * CERTAIN NEW VESSEL CHARTERING CONTRACTS EXPECTED TO BE
DEFERRED;
CHARTER RATE REDUCTION UNDER NEGOTIATION FOR CERTAIN CONTRACTS
    * IF CURRENT NEGATIVE OR LOW OIL PRICE PERSIST PERSISTS,
FURTHER
ADVERSE IMPACT ON VESSEL CHARTERING ACTIVITIES EXPECTED

Source text for Eikon:  ID:nSNZc4cGD0 
Further company coverage:  PACI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))