Performance Shipping sheds aframax for firm price and big profit

Greece’s Performance Shipping has secured a strong price and a big profit for one of its aframax tankers.

The Nasdaq-listed owner said it delivered the 105,000-dwt P Yanbu (built 2011) to a new unnamed owner on Monday.

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The Japanese-built ship, which was trading spot in February, was sold for a firm $39m, against a VesselsValue assessment of $34.3m.