Performance Shipping expands orderbook with LR1 tanker in China

Greek tanker owner Performance Shipping is expanding its fleet with a fourth newbuild in China. The Nasdaq-listed company has contracted Jiangsu Yangzijiang Shipbuilding Group for a single LR1 chemical/product carrier, adding to its orderbook of three 114,000 dwt LNG-ready LR2 tankers booked at CSSC-affiliated Shanghai Waigaoqiao Shipbuilding. The 75,000 dwt ship, costing around $54.1m excluding …

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