Performance Shipping Signs Shipbuilding Contract For Construction Of Newbuilding LR1 Tanker Vessel; Contract Price Of $54.1M Excluding Extras An Net Commission To Third Parties
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Performance Shipping has entered into a contract for the construction of a new LR1 Tanker Vessel at a cost of $54.1M, excluding extras and net commission to third parties.
May 07, 2024 | 1:30 pm
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Performance Shipping Inc. has committed to expanding its fleet with a new LR1 Tanker Vessel, indicating growth and increased capacity in its operations.
The investment in a new tanker vessel represents a significant expansion and modernization effort by Performance Shipping, likely to enhance its service offerings and operational efficiency. This move could be viewed positively by investors as an indication of the company's growth strategy and long-term commitment to strengthening its market position.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90