Performance Shipping Inc

NASDAQ:PSHG   4:00:00 PM EDT
3.99
-0.25 (-5.90%)
5:07:59 PM EDT: $3.98 -0.01 (-0.25%)
Products, Mergers / Acquisitions

Performance Shipping Announces Agreement To Acquire A LR2 Aframax Oil Product Tanker

Published: 11/17/2022 14:50 GMT
Performance Shipping Inc (PSHG) - Performance Shipping Inc. Announces Agreement to Acquire a Lr2 Aframax Oil Product Tanker.
Performance Shipping Inc - Vessel is Expected to Be Delivered to Company in Mid-december 2022 and Will Be Renamed M/t P. Long Beach.
Performance Shipping- Signed Mou to Purchase M/t Fos Hamilton for a Gross Purchase Price of Us$43.75 Million.
Performance Shipping- Expects to Finance Acquisition With Cash Proceeds From Previously Announced Sale of Company's Oldest Vessel, M/t P. Fos.