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Performance Shipping Inc (OQ:PSHG)

Business Focus: Deep Sea Freight

Mar 28, 2024 10:56 am ET
Performance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-F
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that it has filed its 2023 Annual Report on Form 20-F for the fiscal year ended December 31,...
Mar 12, 2024 09:28 am ET
Performance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per Day
Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through separate wholly-owned subsidiaries, it has entered into time charter...
Mar 07, 2024 09:28 am ET
Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $25.0 million and net income attributable to common stockholders of $24.5...
Dec 21, 2023 09:28 am ET
Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter...
Dec 20, 2023 09:28 am ET
Performance Shipping Inc. Signs Shipbuilding Contracts for the Construction of 2 Newbuilding LNG-Ready Scrubber Fitted Tier III LR2 Tankers
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through two separate wholly-owned subsidiaries, it has signed two shipbuilding...
Dec 18, 2023 09:27 am ET
Performance Shipping Inc. Announces Full Prepayment of Piraeus Bank S.A. Loans and Significant Reduction of Finance Costs
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announces the voluntary prepayment in full of its existing loans with Piraeus Bank S.A., (the...
Dec 13, 2023 09:28 am ET
Performance Shipping Inc. Announces Completion of Sale and Delivery of 2007 Built M/T P. Kikuma to New Owners
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has completed the previously...
Dec 11, 2023 09:20 am ET
Performance Shipping Inc. Issues 2022 Sustainability Report
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the release of its 2022 Sustainability Report (the “Report”), highlighting how the Company...
Nov 27, 2023 09:28 am ET
Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $10.4 million and net income attributable to common stockholders of $9.9...
Nov 15, 2023 04:46 am ET
Performance Shipping Inc. Announces Filing of Amendment No. 2 to the Solicitation and Recommendation Statement on Schedule 14D-9
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that it has filed today with the Securities and Exchange Commission (the “SEC”) an Amendment No....
Nov 14, 2023 09:28 am ET
Performance Shipping Inc. Announces the Sale of 2007 Built M/T P. Kikuma for US$39.3 Million
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Aug 31, 2023 09:28 am ET
Performance Shipping Inc. Announces Initiation of Analyst Coverage by Maxim Group
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that Maxim Group has initiated analyst coverage of the Company with a “Buy” rating and...
Aug 21, 2023 09:28 am ET
Performance Shipping Inc. Announces Completion of US$2 Million Share Buyback Plan and Initiates New US$2 Million Share Buyback Plan
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the successful completion of the US$2 million share repurchase plan announced in April...
Aug 16, 2023 09:28 am ET
Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained...
Aug 07, 2023 09:28 am ET
Performance Shipping Inc. Announces Entry Into New Revolving Credit Facility With Nordea Bank at Favorable Terms Resulting in No Debt Maturities Prior To Mid-2027
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 successfully refinanced its existing loan facility dated July 24, 2019, by...
Jul 27, 2023 09:28 am ET
Performance Shipping Inc. Reports Net Income of $18.4 Million, a Second Consecutive Record, 1.7 Million Shares Repurchased for the Second Quarter 2023, and Financial Results for the Second Quarter and
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported record net income of $18.4 million and net income attributable to common stockholders of...
Jun 27, 2023 09:28 am ET
Performance Shipping Inc. Announces Time Charter Contract With ST Shipping at Fixed Floor Rate of US$45,000 Per Day Plus 50/50 Profit Share for LR2 Tanker, M/T P. Aliki
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 entered into a time charter contract...
Jun 21, 2023 09:28 am ET
Performance Shipping Inc. Reports Record Net Income of $15.7 Million, 1.5 Million Shares Repurchased and Financial Results for the First Quarter Ended March 31, 2023
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $15.7 million and net income attributable to common stockholders of $4.6...
May 03, 2023 09:16 am ET
Performance Shipping Inc. Announces Filing of 2022 Annual Report on Form 20-F
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that it has filed its 2022 Annual Report on Form 20-F for the fiscal year ended December 31,...
Apr 21, 2023 04:10 pm ET
Performance Shipping Inc. Announces Receipt of Nasdaq Notice
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated...
Apr 04, 2023 09:28 am ET
Performance Shipping Inc. Announces US$2.0 Million Share Buyback Plan
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors has approved a share repurchase plan (the “Plan”). Under the...
Mar 08, 2023 09:15 am ET
Performance Shipping Inc. Signs Shipbuilding Contract for the Purchase of a Newbuild LNG Ready Tier III LR2 Product/ Crude Oil Tanker With Scrubber
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has signed, through a separate wholly-owned subsidiary, a shipbuilding contract...
Mar 01, 2023 09:00 am ET
Performance Shipping Inc. Announces Pricing of $12.5 Million Registered Direct Offering
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered into a securities purchase agreement with several institutional...
Feb 27, 2023 09:25 am ET
Performance Shipping Inc. Announces Termination of At-The-Market Offering
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 provided notice of termination of the ATM Sales Agreement with Virtu Americas...
Feb 23, 2023 09:15 am ET
Performance Shipping Inc. Reports Record Fourth Quarter and Full Year 2022 Net Income of $23.8 Million and $36.3 Million, Respectively
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a record quarterly net income from continuing and discontinued operations of $23.8 million...
Feb 22, 2023 09:00 am ET
Performance Shipping Inc. Announces Results of 2023 Annual General Meeting of Shareholders
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that the Company’s Annual General Meeting of Shareholders (the “Meeting”) was duly held on...
Jan 13, 2023 04:10 pm ET
Performance Shipping Inc. Announces Date for Its 2023 Annual General Meeting of Shareholders
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that its Board of Directors (the “Board”) has scheduled the Company’s 2023 annual general...
Dec 15, 2022 09:29 am ET
Performance Shipping Inc. Announces Delivery of the LR2 Aframax Tanker, M/T P. Long Beach
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. Long Beach...
Dec 08, 2022 09:15 am ET
Performance Shipping Inc. Announces New Loan Facility With Alpha Bank S.A. to Partially Finance the Acquisition of M/T P. Long Beach
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced it has entered into an agreement for a secured term loan facility of up to approximately...
Dec 07, 2022 09:25 am ET
Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained...
Dec 05, 2022 09:15 am ET
Performance Shipping Inc. Announces Delivery of the Aframax Tanker, M/T P. Monterey
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. Monterey...
Nov 30, 2022 09:25 am ET
Performance Shipping Inc. Announces Completion of Sale and Delivery of Vessel to New Owners
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 completed the previously announced sale...
Nov 29, 2022 09:15 am ET
Performance Shipping Inc. Announces Commitment Letter From Alpha Bank A.E.
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 accepted a commitment letter whereby it intends to enter into an agreement for...
Nov 28, 2022 09:15 am ET
Performance Shipping Inc. Announces New Loan Facility With Piraeus Bank S.A. to Partially Finance the Acquisition of M/T P. Monterey
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 an agreement for a secured term loan facility of up to US$37.4...
Nov 17, 2022 09:25 am ET
Performance Shipping Inc. Announces Agreement to Acquire a LR2 Aframax Oil Product Tanker
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 signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Nov 16, 2022 09:15 am ET
Performance Shipping Inc. Announces a US$32,500 Per Day Time Charter Contract for About 18 Months
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 entered into a time charter contract...
Nov 14, 2022 09:15 am ET
Performance Shipping Inc. Reports Record Net Income and Financial Results for the Third Quarter and Nine Months Ended September 30, 2022
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a record net income from continuing and discontinued operations of $10.7 million and net income from...
Nov 10, 2022 09:15 am ET
Performance Shipping Inc. Announces Delivery of the LR2 Aframax Oil Product Tanker, M/T P. Aliki
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. Aliki...
Nov 09, 2022 09:15 am ET
Performance Shipping Inc. Announces Acceptance of a Signed Offer Letter From Piraeus Bank S.A.
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that it has accepted an offer letter whereby it intends to enter into an agreement for a term...
Nov 08, 2022 09:15 am ET
Performance Shipping Inc. Announces a US$32,000 Per Day Time Charter Contract for About 24 Months
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 entered into a time charter contract...
Nov 01, 2022 09:00 am ET
Performance Shipping Inc. Announces New Loan Facility With Alpha Bank S.A. to Partially Finance Acquisition Of Seventh Vessel
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 an agreement for a secured term loan facility of up to...
Oct 27, 2022 09:15 am ET
Performance Shipping Inc. Announces a US$30,000 Per Day Time Charter Contract for About 24 Months
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 entered into a time charter contract...
Oct 24, 2022 09:00 am ET
Performance Shipping Inc. Announces the Sale of 2007 Built M/T P. Fos for US$34 Million
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 signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Oct 21, 2022 05:00 pm ET
Performance Shipping Inc. Announces Restructuring of Related-Party Debt and Date of Special Meeting of Shareholders
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 completed a restructuring of the debt held by Mango Shipping Corp. (“Mango...
Sep 30, 2022 09:00 am ET
Performance Shipping Inc. Announces Agreement to Acquire Eighth Aframax Vessel
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 signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Sep 22, 2022 09:15 am ET
Performance Shipping Inc. Announces a US$45,000 Per Day Time Charter Contract for 7-10 Months
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 entered into a time charter contract...
Sep 19, 2022 09:00 am ET
Performance Shipping Inc. Announces Acceptance of a Signed Commitment Letter From Alpha Bank A.E.
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 accepted a commitment letter whereby it intends to enter into an agreement for...
Aug 24, 2022 09:06 am ET
Performance Shipping Inc. Announces Agreement to Acquire Seventh Vessel; Its First LR2 Aframax Oil Product Tanker
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 signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Aug 22, 2022 09:05 am ET
Performance Shipping Inc. Announces Termination of ATM Offering
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, effective August 23, 2022, it has terminated the At The Market Offering Agreement...
Aug 12, 2022 09:25 am ET
Performance Shipping Inc. Announces Pricing of $15 Million Registered Direct Offering
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered into a securities purchase agreement (the “Agreement”) with several...
Aug 04, 2022 09:16 am ET
Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income from continuing and discontinued operations of $3.9 million and net income from...
Jul 28, 2022 09:00 am ET
Performance Shipping Inc. Announces Time Charter Contract for M/T Blue Moon With Teekay
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 entered into a time charter contract...
Jul 18, 2022 12:45 pm ET
Performance Shipping Inc. Announces Pricing of $5.95 Million Registered Direct Offering and Concurrent Private Placement
Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered into a securities purchase agreement (the “Agreement”) with several...
Jul 18, 2022 06:00 am ET
Performance Shipping Inc. Announces Receipt of Nasdaq Notice
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 received written notification from The Nasdaq Stock Market LLC (“Nasdaq”)...
Jul 05, 2022 09:16 am ET
Performance Shipping Inc. Announces Delivery of the Aframax Tanker Vessel “P. Sophia”
Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P....
Jul 01, 2022 06:25 am ET
Performance Shipping Inc. Announces New Loan Facility With Piraeus Bank S.A. to Finance Acquisition of Sixth Aframax Tanker
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 an agreement for a new amortizing term loan facility of up to...
Jun 29, 2022 09:28 am ET
Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2022
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss from continuing and discontinued operations of $2.1 million and net loss from continuing...
Jun 21, 2022 09:29 am ET
Performance Shipping Inc. Announces Agreement to Acquire Sixth Aframax Tanker
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 signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Jun 02, 2022 09:28 am ET
Performance Shipping Inc. Issues 2021 Sustainability Report
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the release of its second Sustainability Report (the “Report”), highlighting how the Company...
May 27, 2022 09:15 am ET
Performance Shipping Inc. Announces Pricing of $8.0 Million Underwritten Public Offering
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the pricing of an underwritten public offering of 7,620,000 units at a price of $1.05 per unit....
Mar 11, 2022 05:36 pm ET
Performance Shipping Inc. Announces Filing of 2021 Annual Report on Form 20-F
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has filed its 2021 Annual Report on Form 20-F for the fiscal year ended December 31, 2021,...
Mar 02, 2022 04:15 pm ET
Performance Shipping Inc. Announces Results of 2022 Annual General Meeting of Shareholders
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that the Company’s Annual General Meeting of Shareholders (the “Meeting”) was duly held on...
Feb 25, 2022 04:15 pm ET
Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2021
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss from continuing and discontinued operations attributable to common stockholders of $2.1...
Feb 04, 2022 05:00 pm ET
Performance Shipping Inc. Announces The Final Results Of Its Offer To Exchange Up To 4,066,181 Common Shares For Shares Of Series B Convertible Cumulative Perpetual Preferred Stock
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the final results of its previously announced offer to exchange up to 4,066,181 of its currently...
Jan 28, 2022 09:06 am ET
Performance Shipping Inc. Announces the Preliminary Results of Its Offer to Exchange up to 4,066,181 Common Shares for Shares of Series B Convertible Cumulative Perpetual Preferred Stock
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the preliminary results of its previously announced offer to exchange up to 4,066,181 of its...
Jan 21, 2022 05:00 pm ET
Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to Board of Directors
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors (the “Board”) has scheduled the Company’s 2022 annual general meeting...
Jan 12, 2022 10:00 pm ET
Performance Shipping Inc. Announces Extension of Its Offer to Exchange up to 4,066,181 Common Shares for Shares of Series B Convertible Cumulative Perpetual Preferred Stock
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it has extended the expiration date of its offer to exchange up to 4,066,181 of its currently...
Dec 20, 2021 05:54 pm ET
Performance Shipping Inc. Commences Offer to Exchange Up to 4,066,181 Common Shares for Shares of Series B Convertible Cumulative Perpetual Preferred Stock
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the commencement of an offer to exchange up to 4,066,181 of its currently issued and outstanding...
Dec 20, 2021 05:50 pm ET
Performance Shipping Inc. Adopts Shareholders’ Rights Agreement
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that its Board of Directors has unanimously adopted a shareholders’ rights agreement (the “Rights...
Nov 09, 2021 08:49 am ET
Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2021
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss from continuing and discontinued operations attributable to common stockholders of $2.2...
Jul 30, 2021 08:40 am ET
Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six-Months Ended June 30, 2021
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss and net loss from continuing and discontinued operations attributable to common...
Jun 28, 2021 07:22 am ET
Performance Shipping Inc. to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest on June 29, 2021
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that the Company’s Chief Financial Officer, Anthony Argyropoulos, has been invited to present at...
May 26, 2021 08:17 am ET
Performance Shipping Inc. to Participate in Wolfe Research Global Transportation & Industrials Conference
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that Anthony Argyropoulos, Chief Financial Officer, will participate in the 14th Annual Wolfe...
May 20, 2021 07:26 am ET
Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2021
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net loss and net loss from continuing and discontinued operations attributable to common...
Apr 21, 2021 09:04 am ET
Performance Shipping Inc. Issues Inaugural Sustainability Report
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the release of its inaugural Sustainability Report (the “Report”) highlighting how the Company...
Mar 30, 2021 09:24 am ET
Performance Shipping Inc. Announces Initiation of Analyst Coverage by H.C. Wainwright & Co.
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that H.C. Wainwright & Co. has initiated analyst coverage of the Company with a “Buy” rating and US$11.00...
Mar 05, 2021 09:45 am ET
Performance Shipping Inc. Announces Filing of 2020 Annual Report on Form 20-F
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that it has filed its 2020 Annual Report on Form 20-F for the fiscal year ended December 31, 2020, with...
Mar 05, 2021 09:25 am ET
Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a net loss and net loss from continuing and discontinued operations attributable to common...
Mar 03, 2021 09:01 am ET
Performance Shipping Inc. Announces Results of 2021 Annual Meeting of Shareholders
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that the Company’s Annual Meeting of Shareholders (the “Meeting”) was duly held on February 25, 2021, in...
Dec 30, 2020 06:30 am ET
Performance Shipping Inc. Announces the Date for its 2021 Annual General Meeting of Shareholders and Adoption of Amended and Restated Equity Incentive Plan
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, announced today that the Company will hold its 2021 Annual General Meeting of Shareholders (the “Meeting”) on February...
Dec 15, 2020 08:59 am ET
Performance Shipping Inc. Announces Delivery of Its Fifth Aframax Tanker, M/T P. Yanbu
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that in Manila, Philippines, it has taken delivery of the M/T P. Yanbu (formerly “Kalamas”), a 2011-built...
Nov 18, 2020 09:02 am ET
Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with...
Nov 16, 2020 09:22 am ET
Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2020
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income and net income attributable to common stockholders of $0.4 million for the third quarter...
Nov 11, 2020 08:52 am ET
Performance Shipping Inc. Announces Agreement to Acquire Fifth Aframax Tanker
Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase the...
Nov 09, 2020 09:29 am ET
Performance Shipping Inc. Announces Acceptance of a Signed Offer Letter From Piraeus Bank S.A.
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that it has accepted an offer letter whereby it intends to enter into an agreement for a new amortizing...
Oct 30, 2020 07:52 am ET
Performance Shipping Inc. Announces One-for-Ten Reverse Stock Split and Availability of New Corporate Presentation
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that its Board of Directors has determined to effect a reverse stock split of the Company’s common...
Oct 20, 2020 09:04 am ET
Performance Shipping Inc. Announces the Initiation of a Variable Quarterly Dividend Policy and Declaration of Quarterly Dividend
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that its Board of Directors has approved a new dividend policy pursuant to which the Company may declare...
Oct 19, 2020 08:31 am ET
Performance Shipping Inc. Announces Appointment of New Chief Executive Officer and Chief Financial Officer
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that its Board of Directors has appointed Mr. Andreas Michalopoulos to the position of Chief Executive...
Aug 20, 2020 04:55 pm ET
Performance Shipping Inc. Announces the Sale and Delivery of Vessel to Her New Owner
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that on 19 August 2020, through a separate wholly-owned subsidiary, it signed a Memorandum of Agreement...
Jul 30, 2020 09:13 am ET
Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2020
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income and net income attributable to common stockholders of $4.6 million for the second quarter of...
Jun 22, 2020 09:07 am ET
Performance Shipping Inc. Announces Time Charter Contract for M/T Blue Moon With Aramco Trading Company
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aramco...
May 18, 2020 08:55 am ET
Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2020
Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of vessels, today reported net income of $1.3 million for the first quarter of 2020, compared to a net loss of $0.2 million for the...
May 04, 2020 09:11 am ET
Performance Shipping Inc. Announces First Quarter 2020 Earnings Guidance
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it expects basic earnings per share for the quarter ending March 31, 2020, to be within a range of...
Apr 13, 2020 09:39 am ET
Performance Shipping Inc. Announces Filing of 2019 Annual Report on Form 20-F
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has filed its 2019 Annual Report on Form 20-F for the fiscal year ended December 31, 2019 with...
Apr 08, 2020 09:17 am ET
PERFORMANCE SHIPPING INC. ANNOUNCES REPURCHASE OF ALL SERIES B-2 PREFERRED SHARES
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has repurchased and cancelled all of its 400 remaining issued and outstanding Series B-2...
Apr 01, 2020 09:28 am ET
PERFORMANCE SHIPPING INC. ANNOUNCES COMPLETION OF SALE AND DELIVERY OF VESSEL TO HER NEW OWNERS
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, announced that today it has completed the previously announced sale of the 2008-built Post-Panamax container vessel...
Mar 30, 2020 09:28 am ET
PERFORMANCE SHIPPING INC. ANNOUNCES DELIVERY OF THE AFRAMAX TANKER VESSEL “P. KIKUMA”
Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. Kikuma (formerly...