Performance Shipping lines up FPSO conversion-linked deal for tanker
- Deal grants exclusivity to buyer but Performance will continue to operate the vessel in the meantime
- $36m price tag seen as ‘very firm’ and ‘unrelated’ to prevailing market levels
- Unveiling of unusual deal follows another sale last month as Greek tanker owner renews its fleet
Forward sale of 2009-built P. Sophia is contingent on buyer’s success at April 2026 oil company auction for offshore project
