Performance Shipping Inc.
Business
Performance Shipping Inc. owns and operates a fleet of tanker vessels that provide global seaborne transportation services primarily for crude oil and refined petroleum products. It offers vessel employment through time charters, voyage (spot) charters, pool arrangements and period charters, and engages in sale-and-leaseback and newbuilding acquisition activities. The company conducts its operations through wholly owned subsidiaries that hold each vessel and an in-house fleet manager, Performance Shipping Management Inc., which handles commercial, technical and administrative management. It serves international charterers and oil traders across major regional trading lanes, using charter markets and pools to deploy its vessels.
Summary from filing dated 2025-04-16
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | $84.17M |
| Net income | $49.97M |
| Total assets | $559.85M |
| Total liabilities | — |
| Stockholders' equity | $323.43M |
| Operating cash flow | $50.08M |