Performance Shipping lines up tanker sale for FPSO conversion

Performance Shipping, a US-listed aframax owner led by Aliki Paliou, is set to make its second profitable ship sale in quick succession.

Just two weeks after securing a $21.5m gain from the sale of the 105,400-dwt P Yanbu (built 2009), the company revealed it has a tentative agreement to sell another vessel — the 105,100-dwt P Sophia (built 2009).

Secondhand ship sales plunge 30% as cautious buyers put pressure on owners of Chinese tonnage

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Performance’s oldest ship will fetch between $36.05m