Performance Shipping (PSHG) sell vessel

Not bad – $39.3M for a 2007-built Aframax. PSHG has a bunch more similar vessels

My digging into the 8-vessel TRMD LR2 acquisition indicates a majority of the vessels are 2010-builds. If the avg cost works out to $50M, then the older vessels are probably relatively cheaper. [Edit: Or put a different way, TRMD is paying about $10M for the 3 - 4 years of use]