Performance Shipping Inc. Announces Sale of 2011-Built Aframax Vessel M/T P. Yanbu for US$39 Million and Completion of Delivery to Her New Owners

ATHENS, GREECE, March 24, 2025 – Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell the 2011-built, 105,400 dwt Aframax tanker vessel, M/T P. Yanbu, to an unaffiliated third party for a gross sale price of US$39 million. The vessel was successfully delivered to her new owner today. The vessel...

https://allaboutshipping.co.uk/2025/03/24/performance-shipping-inc-announces-sale-of-2011-built-aframax-vessel-m-t-p-yanbu-for-us39-million-and-completion-of-delivery-to-her-new-owners/

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