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Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity of 546,094 dwt. The company was incorporated in 2010 and is based in Athens, Greece.

Performance Shipping Inc.

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ATHENS, 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. ANNOUNCES DELIVERY OF THE SECOND OF TWO 2019-BUILT SUEZMAX TANKERS, M/T P. BEVERLY HILLS

ATHENS, 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. PROVIDES UPDATE ON POTENTIAL FORWARD SALE AGREEMENT FOR M/T P. SOPHIA

ATHENS, GREECE, NOV. 25, 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 $3.9 MILLION FOR THE THIRD QUARTER OF 2025. THIS RESULT IS COMPARED TO A NET INCOME OF $12.4 MILLION FOR THE SAME PERIOD IN 2024. EARNINGS PER SHARE, BASIC AND DILUTED, FOR THE THIRD QUARTER OF 2025 WERE $0.28 AND $0.10, RESPECTIVELY.

PERFORMANCE SHIPPING INC. REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2025

ATHENS, GREECE, NOV. 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 THE COMPANY HAS ENTERED INTO LONG-TERM TIME CHARTER CONTRACTS WITH REPSOL TRADING S.A (THE CHARTERER OR REPSOL) FOR ITS TWO RECENTLY ACQUIRED SUEZMAX TANKERS, THE PREVIOUSLY ANNOUNCED M/T P. BEL AIR AND M/T P. BEVERLY HILLS, EACH 157,000 DWT, BUILT IN 2019 BY HYUNDAI SAMHO HEAVY INDUSTRIES IN SOUTH KOREA AND SCHEDULED FOR DELIVERY TO THE COMPANY BY EARLY 2026.

PERFORMANCE SHIPPING INC. SECURES THREE-YEAR TIME CHARTER CONTRACTS WITH REPSOL FOR TWO NEWLY ACQUIRED MODERN SUEZMAX TANKERS AT US$36,500 PER DAY EACH

ATHENS, GREECE, NOV. 04, 2025 (GLOBE NEWSWIRE) -- NOVEMBER 4, 2025  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 SEARIVER MARITIME, A WHOLLY OWNED SUBSIDIARY OF EXXONMOBIL CORPORATION (SEARIVER OR THE CHARTERER), FOR ITS M/T P. LONG BEACH (THE VESSEL), A 105,408 DWT LR2 AFRAMAX TANKER, BUILT IN 2013.

PERFORMANCE SHIPPING INC. SECURES TWO-YEAR TIME CHARTER CONTRACT FOR M/T P. LONG BEACH AT US$30,500 PER DAY

ATHENS, GREECE, OCT. 09, 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 EXPANSION OF ITS FLEET THROUGH SEPARATE WHOLLY-OWNED SUBSIDIARIES, WHICH HAVE ENTERED INTO MEMORANDA OF AGREEMENT WITH AN UNAFFILIATED THIRD PARTY FOR THE PURCHASE OF THE M/T ECO BEL AIR AND THE M/T ECO BEVERLY HILLS, BOTH 157,286 DWT SUEZMAX TANKERS BUILT IN 2019 BY HYUNDAI SAMHO HEAVY INDUSTRIES IN SOUTH KOREA. THE VESSELS FEATURE DEVICES FOR WAKE OPTIMIZATION SUCH AS RUDDER BULBS AND PRE-SWIRL DUCTS FOR ENERGY EFFICIENCY, ECO-DESIGN FEATURING LOWER CONSUMPTION ELECTRONIC ENGINES, AND ARE SCRUBBER-FITTED. THE PURCHASE PRICE IS USD 75,438,000 PER VESSEL, NET OF BROKERAGE COMMISSIONS, AND DELIVERY TO THE COMPANY IS EXPECTED TO BE BETWEEN DECEMBER 2025 AND JANUARY 2026. UPON DELIVERY, THE VESSELS WILL BE RENAMED M/T P. BEL AIR AND M/T P. BEVERLY HILLS, RESPECTIVELY.

PERFORMANCE SHIPPING INC. ANNOUNCES FLEET EXPANSION WITH TWO MODERN SUEZMAX TANKER ACQUISITIONS

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. ANNOUNCES NAMING AND DELIVERY OF M/T P. TOKYO, THE SECOND VESSEL IN ITS NEWBUILDING PROGRAM

ATHENS, 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 INC. SECURES TIME CHARTER CONTRACT FOR M/T P. ALIKI AT US$30,000 PER DAY

ATHENS, GREECE, AUG. 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 THE RELEASE OF ITS 2024 ESG REPORT (THE REPORT), HIGHLIGHTING HOW THE COMPANY ADDRESSES ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) ISSUES AS PART OF ITS ONGOING EFFORT TO INCREASE TRANSPARENCY AND ACCOUNTABILITY. THE REPORT, WHICH COVERS THE FULL YEAR 2024 AND IS DEVELOPED WITH REFERENCE TO THE GLOBAL REPORTING INITIATIVE UNIVERSAL STANDARDS 2021 (GRI'S), OUTLINES THE COMPANY'S EFFORTS TOWARD BUILDING STRONG CORPORATE GOVERNANCE AND OPERATING SUSTAINABLY AND RESPONSIBLY.

PERFORMANCE SHIPPING INC. ISSUES 2024 ESG REPORT

ATHENS, GREECE, JULY 31, 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 ITS FIRST LR2 AFRAMAX NEWBUILDING, M/T P. MASSPORT, CONSTRUCTED AT SHANGHAI WAIGAOQIAO SHIPBUILDING CO. LTD. IN THE PEOPLE'S REPUBLIC OF CHINA. THE NAMING CEREMONY WAS HELD AT THE SHIPYARD, WITH MS. NICOLE GUMMERUS SERVING AS THE VESSEL'S GODMOTHER. IN LINE WITH MARITIME TRADITION, SHE BLESSED THE VESSEL AND WISHED HER CREW SAFE AND SUCCESSFUL VOYAGES.

PERFORMANCE SHIPPING INC. ANNOUNCES NAMING AND DELIVERY OF M/T P. MASSPORT, FIRST OF FOUR NEWBUILD TANKERS ON ORDER

ATHENS, GREECE, JULY 30, 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 $9.1 MILLION AND NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $8.6 MILLION FOR THE SECOND QUARTER OF 2025. THESE RESULTS ARE COMPARED TO A NET INCOME OF $10.2 MILLION AND NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $9.7 MILLION FOR THE SAME PERIOD IN 2024. EARNINGS PER SHARE, BASIC AND DILUTED, FOR THE SECOND QUARTER OF 2025 WERE $0.69 AND $0.23, RESPECTIVELY.

Performance Shipping Inc.

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Performance Shipping Inc.

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