Performance Shipping Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of vessels, Monday (Jan28) announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2008-built Post-Panamax container vessel Rotterdam, with delivery to the buyer latest by May 15, 2020, for a sale price of US$18.5 million before commissions.

Performance Shipping Announces the Sale of a Post-Panamax Container Vessel, the mv Rotterdam
Caption: Container ship Rotterdam - Image courtesy of Juan Carlos

Upon completion of the aforementioned sale, Performance Shipping Inc.’s fleet will consist of one (1) Panamax container vessel and two (2) Aframax tanker vessels. 

The Company also expects to take delivery of one (1) Aframax tanker vessel by the end of January 2020.

Source: Performance Shipping