PSHG News and Press, Performance Shipping Inc. From 07/27/23

ATHENS, Greece, July 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 record net income of $18.4 million and net income attributable ...

2023-07-06 14:40:24 ET Summary While current dry bulk shipping charter rates are nothing to write home about, leading containership lessors Costamare and Danaos Corporation recently made moves to enter the space. Castor Maritime recently joined Danaos Corporation by taking a signi...

2023-06-28 17:55:36 ET Summary Greece-based tanker operator has raised $37.7 million over the past 13 months from relentlessly diluting common shareholders well below net asset value ("NAV"). Like other tanker companies with a focus on the spot- and short-term time charter markets...

ATHENS, Greece, June 27, 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, through a separate wholly-owned subsidiary, it has entered int...

2023-06-21 11:53:57 ET Performance Shipping press release ( NASDAQ: PSHG ): Q1 GAAP EPS of $0.55. Revenue of $29.5M (+244.6% Y/Y). For further details see: Performance Shipping GAAP EPS of $0.55, revenue of $29.5M

ATHENS, Greece, June 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 reported net income of $15.7 million and net income attributable to comm...

2023-05-30 19:31:16 ET Summary Product tanker shipping rates remain elevated due to Russian sanctions. PXS now has a strong balance sheet due to windfall profits and gains from a recent ship sale. PXSAP offers a 2.6X covered 8.8% yield and trades at an 11% discount to par. ...

ATHENS, Greece, May 03, 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 its 2022 Annual Report on Form 20-F for the fiscal...

2023-04-21 17:17:06 ET Performance Shipping ( NASDAQ: PSHG ) on Friday said it had got a non-compliance notice from the Nasdaq stock market. The company was notified that it was not in compliance with a certain listing rule due to the closing bid price of its stock being below...

2023-04-04 10:02:20 ET Performance Shipping ( NASDAQ: PSHG ) said Tuesday its board approved a share repurchase plan to buy back up to US$2.0 million of its outstanding common shares. The amount represents about 21% of the market capitalization of its outstanding co...