News by topic – Page 381

Performance Shipping Buys Former Maersk Tanker as Its Fifth Vessel

The latest addition is the former Maersk Jeddah, a 2011-built Aframax.

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The Supramax bulkers are scheduled for delivery to their new owners in September 2019.

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Wellard accepts a proposal to sell the M/V Ocean Swagman for USD 25.2 million to Trim Shipping.

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The working group has an aim to reduce emissions in shipping’s value chains by using methanation fuel.

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The interest was purchased for USD 106 million in cash and 1,500,000 shares of the company’s common stock.

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