Norway's Bergshav Shipping will see earnings decline from an eight-year-old aframax tanker that it has on long-term charter from Harry Vafias-linked Stealth Maritime.

The company has chartered the 105,000-dwt Stealth Berana (built 2010) to US-based Penfield Marine for up to two years, confirmed Bergshav chief financial officer Andreas Hannevik.

European broking sources say Penfield has agreed to take the ship on a one year time charter with an option for a second year.