Performance Shipping Inc. Secures Three-Year Time Charter Contract for M/T P. Monterey at USD31,000 per Day
PSHGATHENS, Greece, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with PBF Holding Company LLC, a subsidiary of PBF Energy Inc. (NYSE: PBF) (“PBF” or the “Charterer”) for its M/T P. Monterey (the “vessel”), a 105,525 dwt Aframax tanker built in 2011.
Performance Shipping Inc. Announces Naming and Delivery of M/T P. Marseille, the Third Vessel in Its Newbuilding Program
PSHGATHENS, Greece, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, is pleased to announce the successful naming and delivery of the M/T P. Marseille, the third vessel in its current newbuilding program, constructed at Shanghai Waigaoqiao Shipbuilding Co. Ltd. (SWS) in the People’s Republic of China. The M/T P. Marseille, previously referred to as Hull H1597, is a 114,000 DWT LNG-ready Tier III product/crude oil tanker. The naming ceremony was held at the shipyard with Ms. Aliki Paliou serving as the vessel’s godmother. Upholding maritime tradition, she blessed the vessel and wished her crew safe and successful voyages.
Performance Shipping Inc. Announces Successful Placement of USD 50 Million Tap Issue
PSHGATHENS, Greece, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that it has successfully placed a USD 50 million tap issue in its outstanding senior secured bond due July 17, 2029, with ISIN: NO0013607028 (the "Bonds"), paying a fixed coupon of 9.875% per annum, payable semi-annually in arrears. Following the tap issue, the total outstanding amount under the Bonds is USD 150 million. The tap issue was priced at 103.00% of par value and was initiated by a reverse inquiry. The tap issue is expected to close on January 26, 2026, subject to customary closing conditions. Net proceeds from the tap issue will be used for general corporate purposes according to the terms of the Bonds.
Performance Shipping Inc. Announces Delivery of the Second of Two 2019-Built Suezmax Tankers, M/T P. Beverly Hills
PSHGATHENS, Greece, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. Beverly Hills (formerly “Eco Beverly Hills”), a 2019-built Suezmax tanker of 157,286 dwt that the Company entered into an agreement to purchase in October 2025.
Performance Shipping Inc. Provides Update on Potential Forward Sale Agreement for M/T P. Sophia
PSHGATHENS, Greece, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that the previously disclosed potential forward sale of the 2009-built Aframax tanker, M/T P. Sophia, will not materialize.
Performance Shipping Inc. Announces Naming and Delivery of M/T P. Tokyo, the Second Vessel in Its Newbuilding Program
PSHG(NASDAQ:PSHG) ATHENS, Greece, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, is pleased to announce the successful naming and delivery of the M/T P. Tokyo, the second vessel from its current newbuilding program, constructed at Shanghai Waigaoqiao Shipbuilding Co. Ltd. (SWS) in the People’s Republic of China. The M/T P. Tokyo, previously referred to as Hull H1596, is a 114,000 DWT LNG-ready Tier III product/crude oil tanker. The naming ceremony was held at the shipyard, with Ms. Xinghang Zhang serving as the vessel’s godmother. Upholding maritime tradition, she blessed the vessel and wished her crew safe and successful voyages.
Performance Shipping Inc. Secures Time Charter Contract for M/T P. Aliki at US$30,000 Per Day
PSHGATHENS, Greece, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has entered into a time charter contract with Pakistan National Shipping Corporation (“PNSC” or the “Charterer”) for its M/T P. Aliki, a 105,304 DWT LR2 Aframax tanker, built in 2010.
Performance Shipping Q1 EPS $0.76 Beats $0.20 Estimate, Sales $21.33M Beat $20.23M Estimate
PSHGPerformance Shipping Enters Into Potential Forward Sale Agreement For The 2009-Built Aframax Tanker, M/T P. Sophia; Potential $36.05M Sale If Awarded Offshore Project By April 2026, And An Additional $1M If Delivered By September 2025
PSHGPerformance Shipping Announces $45M Sale-Leaseback For Newbuild LR2 Tanker, Concluding Financing For Three LNG-Ready Vessels. 8-Year Charter Terms Set At $6,850/Day Plus Balloon Payment; Vessels Chartered To Clearlake At $31K/Day For 5-Years, With Extensi
PSHGPerformance Shipping Q4 2024 GAAP EPS $0.25 Misses $0.28 Estimate, Sales $21.678M Miss $22.345M Estimate
PSHG