Performance Shipping, a US-listed company that has already shown a capacity to reinvent itself, may be working on yet another transformation.

The former container ship player that switched to tankers three years ago has now placed a debut order for bulker newbuildings, according to several brokers in Greece, London and the US.

The Andreas Michalopoulos-led company is said to be contracting two 64,000-dwt vessels at Sumec Marine’s New Dayang Shipbuilding for $32.5m