Performance Shipping exits container ship sector

Greek shipowner Performance Shipping has become a pure play Aframax tanker company as it disposed of the final containership in its fleet.

The company has signed a memorandum of agreement (MOA) to sell the 2001-built Panamax boxship Domingo.The 3,739 TEU vessel has been bought by an undisclosed company for $5.6 million before commissions. 

Andreas Michalopoulos, deputy CEO and CFO of Performance Shipping, commented: “We are thrilled to announce the sale of the last remaining container ship in our fleet, which marks the completion of our shift from the container vessel industry into a pure tanker owning company.

“This will enable us to take advantage of growth opportunities, which will help us increase our presence in the aframax tanker market and move one step closer towards achieving our goal of becoming a leading publicly traded tanker company,”

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