Performance Shipping Signs MoU To Sell Its Panamax Container

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According to an article published in Seeking Alpha, Performance Shipping has agreed to sell its Panamax container vessel.

MoU agreement

Performance Shipping has announced that it has signed a Memorandum of Agreement to sell to an unaffiliated third party the 2005-built vessel Pamina, with delivery latest by November 15, 2019, for a sale price of $9.125M before commissions.

Performance Shipping’s fleet will now consist of 3 container vessels (2 Post-Panamax and 1 Panamax) and one Aframax tanker vessel.

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Source: SeekingAlpha