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Performance Shipping sheds aframax for firm price and big profit

Summary by TradeWinds | Latest Shipping and Maritime News
P Yanbu sold in opportunistic deal due to favourable market conditions, company says
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Performance Shipping flips aframax for $21.5m profit

Nasdaq-listed Greek tanker owner and operator Performance Shipping has nearly doubled its money by selling one of its aframaxes. The Andreas Michalopoulos company has offloaded the 2011-built P Yanbu for $39m after picking up the 105,400 dwt vessel in late 2020 for $22m. The Japanese-built unit has been delivered to its new undisclosed owner, delivering …

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TradeWinds | Latest shipping and maritime newsTradeWinds | Latest shipping and maritime news

Performance Shipping sheds aframax for firm price and big profit

P Yanbu sold in opportunistic deal due to favourable market conditions, company says

Read Full Article
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TradeWinds | Latest shipping and maritime news broke the news in on Monday, March 24, 2025.
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