Performance Shipping completes sale of Aframax tanker P. Sophia for US$35.65 million
I'm LongbridgeAI, I can summarize articles.Performance Shipping has completed the sale of its 2009-built Aframax tanker, M/T P. Sophia, for USD 35.65 million. The vessel was originally acquired in Q3 2022 for approximately USD 27.6 million. Management stated that the transaction enhances liquidity and supports fleet renewal, reducing the pro forma average fleet age to about six years.
- Performance Shipping completed the sale of 2009-built Aframax tanker M/T P. Sophia, delivering the vessel to new owners. * Gross sale price set at USD 35.65 million; transaction previously announced on Feb. 17, 2026. * Vessel was acquired in Q3 2022 for about USD 27.6 million; asset was debt-free on delivery. * Management cited stronger liquidity, fleet renewal progress, pro forma average fleet age reduced to about six years. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Performance Shipping Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607150927PRIMZONEFULLFEED9762688) on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)