Performance Shipping holds on to her oldest tanker after potential sale deal fails | Hellenic shipping news

Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, has missed an opportunity to sell its 2009-built shipP. Sophia, as the prospective buyers walked away from the deal, saying the aframax tanker was not selected for the offshore project.

The company has confirmed that the previously disclosed potential forward sale of its tanker “will not materialize.”

Performance Shipping said the buyer, an unnamed third party, informed it that the P. Sophia was not selected for the offshore project.

Earlier this year, the company entered into a forward sale and exclusivity agreement with an unaffiliated third party, granting the buyer the exclusive right to submit a bid for the conversion of the company’s aframax tanker, P. Sophia, in an auction for the provision of a floating production storage and offloading (FPSO) vessel for charter to a national oil company (the offshore project).

At that time Performance Shipping stated: “If