Greek owner Performance Shipping, formerly Diana Containerships, has sold its last boxship to complete its reincarnation as a pure-play Aframax tanker owner.

Performance has entered an agreement to sell the 2001-built Panamax boxship Domingo, to an unaffiliated third party, for a price of $5.6m. The vessel has already been delivered this week, leaving the company with a fleet of four Aframax tankers.

This will enable us to take advantage of growth opportunities, which will help us increase our presence in the Aframax tanker market.