Performance Shipping agrees refinancing deal with Greek bank

Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the existing debt maintained with Alpha Bank, secured by the 2013-built aframax P. Long Beach and the 2010-built LR2 P. Aliki. …