Performance Shipping Sells Aframax Tanker for $35.65 Million

Reuters

Feb 17

Performance Shipping Inc. has announced the sale of its 2009-built Aframax tanker vessel, M/T P. Sophia, to an unaffiliated third party for US$35.65 million. The vessel is expected to be delivered to its new owners in mid-2026, and the company anticipates a gain of approximately US$8 million from the transaction compared to its acquisition price three years ago.

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: GNW9655710-en) on February 17, 2026, and is solely responsible for the information contained therein.

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Sophia, to an unaffiliated third party for US$35.65 million. The vessel is expected to be delivered to its new owners in mid-2026, and the company anticipates a gain of approximately US$8 million from the transaction compared to its acquisition price three years ago.\n      \n\n\nDisclaimer: 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. 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