Performance Shipping Inc. Announces Delivery of Second Suezmax Tanker

Performance Shipping Inc. has announced the delivery of its second 2019-built Suezmax tanker, the M/T P. Beverly Hills. This acquisition marks the completion of the company's Suezmax purchase, bringing its total fleet to twelve vessels, with ten currently operational and two newbuilds under construction. The M/T P. Beverly Hills, along with the previously delivered sister vessel, has been immediately chartered to Repsol Trading S.A., a reputable charterer, ensuring immediate cash flow and enhancing the fleet's operational efficiency and environmental sustainability. This strategic expansion is a key milestone for the company, reinforcing its fleet's commercial competitiveness.