The US-listed Greek shipowner said the agreement grants the potential buyer exclusive rights to submit a bid in an auction ...

Following this vessel sale and the delivery of our three newbuild LR2 Aframax tankers, as of January 2026, our fleetwide average age will improve considerably, decreasing from 14 to 10 years.

If the Buyer is awarded the Offshore Project by the expiration of the auction on April 5, 2026, the Buyer will purchase the Company's oldest vessel, the 2009-built M/T P. Sophia, for delivery within a ...

Performance Shipping Inc. has announced the sale of its Aframax tanker, M/T P. Yanbu, for $39 million to an unaffiliated party, marking a significant milestone in the company's fleet renewal strategy.