GlobeNewswire: Performance Shipping Inc. Contains the last 10 of 307 releaseshttp://www.globenewswire.com/External?Length=42024-03-29T15:16:00ZGlobeNewswirehttp://www.globenewswire.com/External?Length=4newsdesk@globenewswire.com (NewsDesk)https://www.globenewswire.com/news-release/2024/03/28/2854195/0/en/Performance-Shipping-Inc-Announces-Filing-of-2023-Annual-Report-on-Form-20-F.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-F2024-03-28T14:56:37Z<![CDATA[ATHENS, Greece, March 28, 2024 (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 filed its 2023 Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the "Annual Report"), with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report, which contains the Company’s audited consolidated financial statements, can be accessed through the SEC's website at http://www.sec.gov as well as through the Company’s website at http://www.pshipping.com. Upon request, we will provide any shareholder a hard copy of the Annual Report free of charge.]]>https://www.globenewswire.com/news-release/2024/03/12/2844633/0/en/Performance-Shipping-Inc-Secures-Five-Year-Time-Charter-Contracts-With-Clearlake-for-Three-Newbuilding-Vessels-at-US-31-000-Per-Vessel-Per-Day.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per Day2024-03-12T13:28:56Z<![CDATA[ATHENS, Greece, March 12, 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 separate wholly-owned subsidiaries, it has entered into time charter contracts with Clearlake Shipping Pte Ltd (the "Charterer") for the previously announced three newbuilding LNG-ready, scrubber-fitted, LR2 Aframax tanker vessels. Each employment will be for a firm period of 5 years with the option to extend for a 6th and 7th year. The optional periods are to be declared by the Charterer 12 months in advance. The gross charter rate will be US$31,000 per vessel per day for the firm period of five (5) years, and a base rate plus profit share for the optional periods, if declared. Employment is expected to commence upon delivery of the vessels to the Company in the fourth quarter of 2025, the first quarter of 2026, and the second quarter of 2026.]]>https://www.globenewswire.com/news-release/2024/03/07/2842348/0/en/Performance-Shipping-Inc-Reports-Financial-Results-for-the-Fourth-Quarter-and-Year-Ended-December-31-2023.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023 2024-03-07T14:28:15Z<![CDATA[ATHENS, Greece, March 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 $25.0 million and net income attributable to common stockholders of $24.5 million for the fourth quarter of 2023. The 2023 fourth quarter results compared to a net income of $23.8 million and net income attributable to common stockholders of $9.4 million for the same period in 2022. Earnings per share, basic and diluted, for the fourth quarter of 2023 were $2.03 and $0.63, respectively.]]>https://www.globenewswire.com/news-release/2023/12/21/2800086/0/en/Performance-Shipping-Inc-Secures-Two-Year-Time-Charter-Contract-With-Oil-Major-at-US-37-200-Per-Day.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Secures Two Year Time Charter Contract With Oil Major at US$37,200 Per Day2023-12-21T14:28:19Z<![CDATA[ATHENS, Greece, Dec. 21, 2023 (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 time charter contract with Marathon Maritime Company (the “Charterer”), a wholly-owned subsidiary of Marathon Petroleum Corporation (NYSE: MPC), for the M/T P. Long Beach. The gross charter rate will be US$37,200 per day for a period of twenty-four (24) months +/- 40 days at the option of the Charterer and is expected to commence at the end of December. This charter will generate approximately US$25.7 million of gross revenue for the minimum duration of the charter.]]>https://www.globenewswire.com/news-release/2023/12/20/2799368/0/en/Performance-Shipping-Inc-Signs-Shipbuilding-Contracts-for-the-Construction-of-2-Newbuilding-LNG-Ready-Scrubber-Fitted-Tier-III-LR2-Tankers.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Signs Shipbuilding Contracts for the Construction of 2 Newbuilding LNG-Ready Scrubber Fitted Tier III LR2 Tankers 2023-12-20T14:28:00Z<![CDATA[ATHENS, Greece, Dec. 20, 2023 (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 two separate wholly-owned subsidiaries, it has signed two shipbuilding contracts with China Shipbuilding Trading Co. Ltd. (“CSTC”) and Shanghai Waigaoqiao Shipbuilding Co. Ltd. (“SWS”) for the construction of two 114,000 DWT LNG-ready LR2 Aframax product/crude oil tanker vessels expected to be delivered in January and April of 2026, at a purchase price of US$64,845,000 per vessel, net of third-party commission. 15% of the purchase price is payable upon receipt of a refund guarantee; 10% of the purchase price is payable at each of the milestones of steel cutting, keel laying, and launching of the vessels, and the remaining 55% of the purchase price is payable upon the delivery of the vessels.]]>https://www.globenewswire.com/news-release/2023/12/18/2797911/0/en/Performance-Shipping-Inc-Announces-Full-Prepayment-of-Piraeus-Bank-S-A-Loans-and-Significant-Reduction-of-Finance-Costs.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Announces Full Prepayment of Piraeus Bank S.A. Loans and Significant Reduction of Finance Costs2023-12-18T14:27:35Z<![CDATA[ATHENS, Greece, Dec. 18, 2023 (GLOBE NEWSWIRE) -- 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 “Piraeus Loans”). The voluntary prepayment amounts to approximately US$44.8 million. The Piraeus loans were secured by the M/T P. Monterey, M/T P. Yanbu and M/T P. Sophia. Following the full prepayment of the Piraeus Loans, the Company’s total outstanding debt will be approximately US$55.2 million, and three out of the seven vessels comprising the Company’s current fleet will be completely unencumbered.]]>https://www.globenewswire.com/news-release/2023/12/13/2795635/0/en/Performance-Shipping-Inc-Announces-Completion-of-Sale-and-Delivery-of-2007-Built-M-T-P-Kikuma-to-New-Owners.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Announces Completion of Sale and Delivery of 2007 Built M/T P. Kikuma to New Owners2023-12-13T14:28:16Z<![CDATA[ATHENS, Greece, Dec. 13, 2023 (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 completed the previously announced sale of the 2007-built Aframax tanker vessel M/T P. Kikuma for US$39.3 million, with delivery of the vessel to her new owners.]]>https://www.globenewswire.com/news-release/2023/12/11/2793934/0/en/Performance-Shipping-Inc-Issues-2022-Sustainability-Report.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Issues 2022 Sustainability Report2023-12-11T14:20:31Z<![CDATA[ATHENS, Greece, Dec. 11, 2023 (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 2022 Sustainability 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 2022 and is developed with reference to the Global Reporting Initiative Universal Standards 2021 (“GRI’s”), outlines the Company’s commitments and efforts toward building strong corporate governance and to operating sustainably and responsibly.]]>https://www.globenewswire.com/news-release/2023/11/27/2786274/0/en/Performance-Shipping-Inc-Reports-Financial-Results-for-the-Third-Quarter-and-Nine-Months-Ended-September-30-2023.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023 2023-11-27T14:28:39Z<![CDATA[ATHENS, Greece, Nov. 27, 2023 (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 $10.4 million and net income attributable to common stockholders of $9.9 million for the third quarter of 2023. The 2023 third quarter results compared to a net income of $10.7 million and net income attributable to common stockholders of $10.4 million for the same period in 2022. Earnings per share, basic and diluted, for the third quarter of 2023 were $0.88 and $0.27, respectively.]]>https://www.globenewswire.com/news-release/2023/11/15/2780794/0/en/Performance-Shipping-Inc-Announces-Filing-of-Amendment-No-2-to-the-Solicitation-and-Recommendation-Statement-on-Schedule-14D-9.html?f=22&fvtc=4&fvtv=11868Performance Shipping Inc. Announces Filing of Amendment No. 2 to the Solicitation and Recommendation Statement on Schedule 14D-92023-11-15T09:46:33Z<![CDATA[ATHENS, Greece, Nov. 15, 2023 (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 filed today with the Securities and Exchange Commission (the “SEC”) an Amendment No. 2 to the Solicitation/Recommendation Statement on Schedule 14D-9 filed by the Company with the SEC on October 25, 2023, as amended by Amendment No. 1 thereto filed by the Company with the SEC on November 6, 2023 (together, the “Schedule 14D-9”), in connection with the cash tender offer (the “Offer”) commenced by Sphinx Investment Corp. (the “Offeror”), to purchase from the shareholders of the Company all outstanding shares of the Company’s common shares, par value $0.01 per share (the “Common Shares”), and the associated preferred stock purchase rights (the “Rights” and, together with the Common Shares, the “Shares”), at a price of $3.00 per Share in cash, upon the terms and subject to the conditions set forth in the Amended and Restated Offer to Purchase, dated October 30, 2023 (the “Offer to Purchase”), as set forth in the Offeror’s Tender Offer Statement on Schedule TO filed with the SEC on October 11, 2023, as amended by Amendment No. 1 and Amendment No. 2 thereto filed by the Offeror with the SEC on October 30, 2023 (together, the “Schedule TO”). Pursuant to the Offer to Purchase, unless the Offer is extended by the Offeror, the Offer and withdrawal rights thereunder will expire at 11:59 p.m., New York City Time, on November 15, 2023.]]>