Performance Shipping Inc.PSHG
What Performance Shipping Inc. does.
We provide global shipping transportation services through the ownership of tanker vessels. As of the date of this annual report, our operating fleet consists of 9 Aframax
tanker vessels and 2 Suezmax tanker vessels with a combined carrying capacity of 1,287,118 dwt and a weighted average age of approximately 9.2 years. Additionally, we expect to take delivery of one newbuild eco-design LR1 tanker in the first
quarter of 2027 and two newbuilding Suezmax tanker vessels in October 2028 and May 2029. Founded in January 2010, our business initially focused on the ownership of container vessels. Over time, we have transitioned to a purely tanker fleet,
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $42.0M | $36.5M | $75.2M | $108.9M | $87.4M | $84.2M |
| Net income | $3.8M | -$9.7M | $36.3M | $69.4M | $43.7M | $50.0M |
| Free cash flow | $13.2M | -$4.9M | $31.7M | $67.4M | $59.7M | $50.1M |
More on PSHG.
- Performance Shipping Inc. summary
- Performance Shipping Inc. financial statements
- Performance Shipping Inc. key metrics
- Performance Shipping Inc. health scores and style box
- Performance Shipping Inc. earnings
- Performance Shipping Inc. dividends
- Performance Shipping Inc. valuation
- Performance Shipping Inc. ownership and insiders
- Performance Shipping Inc. peers
Figures from Performance Shipping Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.