Performance Shipping Inc., a global shipping company specializing in the ownership of vessels, has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2006-built vessel “Pucon”, with delivery to the buyer latest by December 5, 2019, for a sale price of US$20.215 million before commissions.
Upon completion of the aforementioned sale and the previously announced sale of a Panamax container vessel, the m/v Pamina, Performance Shipping Inc.’s fleet will consist of 2 container vessels (1 Post-Panamax and 1 Panamax) and one Aframax tanker vessel. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019.
About the Company
Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s current fleet of vessels are employed primarily on time charters with leading charterers.