Performance Shipping returns to Shanghai Waigaoqiao for more LR2 tanker newbuilds

Nasdaq-listed Greek tanker owner Performance Shipping is expanding its fleet with new contracts at China Shipbuilding Trading and CSSC-affiliated Shanghai Waigaoqiao Shipbuilding (SWS) for the construction of two LNG-ready LR2 aframax product and crude oil carriers. The 114,000 ships, costing around $$64.8m each, should deliver in January and April of 2026. The newbuilds will be …

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