Performance Shipping closes financing for LR2 newbuilds

Greece’s Performance Shipping has secured financing for its third newbuilding in China through another sale and leaseback deal. The Nasdaq-listed tanker owner and operator of seven ships on the water and four on order is selling its LNG-ready scrubber-fitted LR2/aframax product and crude oil carrier to an unnamed counterparty and chartering it back for eight …

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