$PSHG

Performance Shipping Inc.

No enriched coverage for $PSHG in the last 7 days.

No SEC Form 4 filings for $PSHG in the last 30 days.

Med

Performance Shipping Inc. Reports Financial Results For The Second Quarter and Six Months Ended June 30, 2026

Performance Shipping Inc. (NASDAQ: PSHG) reported Q2 2026 net income of $11.9m and net income attributable to common stockholders of $13.9m, versus $9.1m and $8.6m in Q2 2025. Revenue rose to $34.7m from $18.1m. EPS basic and diluted were $1.12 and $0.37. Operating cash flow was $19.7m. The company also extended time charters and reported a contracted revenue backlog over $500m.

Performance Shipping Inc. Extends Time Charter for Aframax Tanker M/T Blue Moon for Two Years at the Average Rate of US$40,500 per Day

Performance Shipping Inc. (NASDAQ: PSHG) said it extended the time charter for its 2011-built Aframax tanker M/T Blue Moon with American Eagle Tankers, a MISC Group member. The 24-month extension (end of 2026 start) averages $40,500/day, with $43,000/day in year one and $38,000/day in year two, and is expected to generate about $29 million gross revenue.

PSHG sentiment & insider activity

Recent PSHG coverage spans financial news, corporate actions and earnings.

What's driving PSHG

  • Higher Q2 profitability and materially improved charter coverage through 2030, alongside bond and liquidity actions, should support downside protection but keep focus on execution of vessel sales and newbuild deliveries.

    finanznachrichten.de · Jul 29, 2026

  • Closing the vessel sale and delivery likely supports liquidity and fleet renewal optics, but it is a single-asset event with limited forward earnings visibility.

    manilatimes.net · Jul 15, 2026

  • The charter extension locks in higher average dayrates versus the prior applicable rate and adds roughly $29M gross revenue over the minimum extension period.

    manilatimes.net · Jul 14, 2026

  • Lower borrowing margin and longer maturity improve PSHG’s near-term liquidity and cost of capital without changing principal.

    manilatimes.net · Jul 8, 2026

  • The new/extended charter locks in higher contracted cash flows and extends revenue visibility through 2028+.

    manilatimes.net · Jul 6, 2026

alphai scores every news story that mentions PSHG with an AI model for sentiment and relevance, and aggregates insider trades from Performance Shipping Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $PSHG

Score

Performance Shipping Inc. Reports Financial Results For The Second Quarter and Six Months Ended June 30, 2026

Performance Shipping Inc. (NASDAQ: PSHG) reported Q2 2026 net income of $11.9m and net income attributable to common stockholders of $13.9m, versus $9.1m and $8.6m in Q2 2025. Revenue rose to $34.7m from $18.1m. EPS basic and diluted were $1.12 and $0.37. Operating cash flow was $19.7m. The company also extended time charters and reported a contracted revenue backlog over $500m.

Performance Shipping Inc. Extends Time Charter for Aframax Tanker M/T Blue Moon for Two Years at the Average Rate of US$40,500 per Day

Performance Shipping Inc. (NASDAQ: PSHG) said it extended the time charter for its 2011-built Aframax tanker M/T Blue Moon with American Eagle Tankers, a MISC Group member. The 24-month extension (end of 2026 start) averages $40,500/day, with $43,000/day in year one and $38,000/day in year two, and is expected to generate about $29 million gross revenue.

Performance Shipping Inc. Secures Substantially Improved Terms and Extension of Existing Nordea Bank Facility

Performance Shipping Inc. (NASDAQ: PSHG) said two wholly owned subsidiaries amended its existing secured loan facility with Nordea Bank Abp NUF. The maturity was extended to four years from the supplemental agreement effective date, and the margin fell to 1.60% from 2.50% per annum. Outstanding principal was unchanged; the facility remains secured and guaranteed by the company.

$PSHGMedAI 8/10

Performance Shipping Inc. Extends Time Charter for M/T Briolette with Aramco Trading at US$37,700 Per Day for Three Years

Performance Shipping Inc. (NASDAQ: PSHG) said it extended the time charter for its 2011-built Aframax tanker M/T Briolette with Aramco Trading Fujairah FZE. The gross rate is $37,700/day for 35 months (±30 days), starting July 2, 2026, expected to generate about $39m gross revenue for the minimum term. The company cited a $500m+ contracted backlog and 80%+ coverage through 2028.

EHLD Financials: Revenue Breakdown, Margins & Competitor Comparison

This article provides a financial overview of Euroholdings Ltd (EHLD), detailing its revenue breakdown, profitability margins, and a comparison with competitors PSHG and USEA. EHLD exhibits strong financial health with high gross, operating, and net margins, alongside an impressive Return on Equity. The article highlights EHLD's leading position in its sector with a market capitalization of $24.36M.

$PSHGLow

Performance Shipping posts audited 2025 filing on SEC site

Performance Shipping Inc. (NASDAQ: PSHG) has filed its 2025 Annual Report on Form 20-F with the SEC, covering the fiscal year ended December 31, 2025. The report includes audited consolidated financial statements and is accessible on both the SEC and company websites, with hard copies available upon request. Despite recent positive operational and financial news, the company's stock has historically shown flat or negative price reactions.

$PSHGLow

Performance Shipping (NASDAQ: PSHG) director Boutaris Michail files Form 3

Performance Shipping Inc. (NASDAQ: PSHG) director Boutaris Michail has filed a Form 3, an initial statement of beneficial ownership. This filing indicates his position as a director but reports no current beneficial ownership of equity or derivative securities in the company. Form 3 is required for new insiders to report their initial holdings.

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