News for Performance Shipping Inc. (PSHG)

ATHENS, Greece, April 16, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. ( PSHG), (â\u0080\u009cweâ\u0080\u009d or the â\u0080\u009cCompanyâ\u0080\u009d), a global shipping company specializing

\n Performance Shipping Inc. (NASDAQ: PSHG) has filed its 2024 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The report, cov

ATHENS, Greece, April 07, 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, through a separate wholly-owned subsidiary, it has entered into a forward sale and exclusivity agreement with an unaffiliated third party (the 'Buyer”). This agreement grants the Buyer exclusive rights to submit a bid for the conversion of the Company's Aframax tanker, M/T P. Sophia, in an auction for the provision of a Floating Production Storage and Offloading (FPSO) vessel for charter to a national oil company (the 'Offshore Project”).

ATHENS, Greece, March 24, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. ( PSHG), (”œwe” or the ”œCompany”), a global shipping company specializing

ATHENS, Greece, March 24, 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, through a separate wholly-owned subsidiary, it has signed a Memorandum of Agreement to sell the 2011-built, 105,400 dwt Aframax tanker vessel, M/T P. Yanbu, to an unaffiliated third party for a gross sale price of US$39 million. The vessel was successfully delivered to her new owner today. The vessel was debt free at the time of sale.

ATHENS, Greece, March 06, 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, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel (the 'Vessel”). This concludes the financing for all three newbuilding LNG-ready, scrubber-fitted LR2 product/crude oil tanker vessels of approximately 114,000 dwt each expected to be delivered to the Company in August and September 2025, and January 2026.

ATHENS, Greece, Feb. 20, 2025 (GLOBE NEWSWIRE) -- 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 $9.7 million and net income attributable to common stockholders of $9.2 million for the fourth quarter of 2024. These results are compared to a net income of $25.0 million and net income attributable to common stockholders of $24.5 million for the same period in 2023. Earnings per share, basic and diluted, for the fourth quarter of 2024 were $0.74 and $0.25, respectively.

ATHENS, Greece, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. ( PSHG), (”œwe” or the ”œCompany”), a global shipping company specializing i

ATHENS, Greece, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. ( PSHG), (”œwe” or the ”œCompany”), a global shipping company specializing i

Mails Proxy Materials and Letter to Shareholders in Connection with 2024 Annual General Meeting of Shareholders Recommends Shareholders Vote on the WHITE Proxy

Performance Shipping Q3 earnings report shows GAAP EPS of $0.32 and revenue of $22.9M, a 5.0% decrease year-over-year.

ATHENS, Greece, Nov. 07, 2024 (GLOBE NEWSWIRE) -- 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 $12.4 million and net income attributable to common stockholders of $12.0 million for the third quarter ended September 30, 2024. These results are compared to a net income of $10.4 million and net income attributable to common stockholders of $9.9 million for the same period in 2023. Earnings per share, basic and diluted, for the third quarter of 2024 were $0.96 and $0.32, respectively.

ATHENS, Greece, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company...

ATHENS, Greece, Oct. 24, 2024 (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, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated third party for a previously announced newbuild LR2 Aframax tanker vessel (the 'Vessel”). As announced on December 20, 2023, this vessel is one of two newbuilding LNG-ready, scrubber-fitted LR2 product/crude oil tanker vessels of approximately 114,000 dwt expected to be delivered to the Company in the first quarter of 2026.

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ATHENS, Greece, July 25, 2024 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company...

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