Welcome to our dedicated page for Performance Shipping SEC filings (Ticker: PSHG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Performance Shipping Inc. (NASDAQ: PSHG), a global provider of shipping transportation services through its ownership of tanker vessels. As a foreign private issuer, Performance Shipping files annual reports on Form 20-F and furnishes current reports on Form 6-K, which include press releases and other information about its operations, fleet, financing and corporate actions.
Recent Form 6-K filings incorporate press releases on topics such as the successful placement of a tap issue in the company’s senior secured bond, the naming and delivery of newbuild LR2 tankers like M/T P. MASSORT and M/T P. TOKYO, the acquisition and chartering of Suezmax tankers, time-charter contracts for vessels including M/T P. LONG BEACH and M/T P. ALIKI, and the scheduling of the company’s annual general meeting of shareholders. These filings are often incorporated by reference into Performance Shipping’s effective registration statements on Form F-3.
Investors can use the filings page to review financial statements, risk disclosures and fleet data contained in the company’s periodic and current reports. For example, filings present revenue, net income, time charter equivalent rates, daily vessel operating expenses, fleet utilization, ownership days and available days, as well as information about preferred stock, warrants and bond issuances. Filings also identify the company’s principal executive office in Athens, Greece and confirm its status as a Form 20-F filer.
Stock Titan’s platform associates these filings with AI-powered tools that help readers interpret key sections, such as definitions of time charter equivalent rates, descriptions of charter types (spot, pool and time charters) and summaries of fleet employment profiles. Users can follow new Form 6-K and Form 20-F submissions as they are made available through the SEC’s EDGAR system, and use the structured data to analyze Performance Shipping’s tanker-focused business over time.
Performance Shipping Inc. has secured long-term employment for its two 158,000 dwt Suezmax newbuilding tankers with Repsol Trading S.A. The first vessel is fixed for seven years at a daily rate of US$35,000, and the second for five years at US$36,850, both payable monthly in advance and commencing upon delivery in October 2028 and May 2029.
The company states that revenues from these charters will cover the majority of the vessels’ acquisition cost and increase total fleetwide contracted revenue to about US$471 million from US$317 million, based on minimum charter durations as of early April 2026. Average contract duration is now 2.8 years, with contracted days at 89.5% for 2026 and gradually declining through 2030, giving the company greater earnings visibility and reducing the breakeven charter rate on remaining open days.
Performance Shipping Inc. has agreed to sell its oldest vessel, the 2010-built Aframax tanker M/T P. Aliki, for US$42.65 million to Trafigura Maritime Logistics. Delivery is expected around the end of the third quarter of 2026 after the vessel’s current US$30,000 per day time charter ends.
Part of the net proceeds will repay about US$12.8 million under an Alpha Bank credit facility, with the remainder contributing to cash reserves. The company notes it bought the vessel in late 2022 for US$36.5 million, highlighting value realization as part of a broader fleet renewal strategy that has reduced average fleet age from 14 to 8 years on a pro forma basis.
The chief executive projects cash reserves rising from roughly US$50 million at the end of 2025 to about US$175 million, including the impact of a bond tap, delivery of newbuilding M/T P. Marseille in January 2026, and the sales of M/T P. Sophia and M/T P. Aliki. This larger cash position is intended to help fund construction of two Suezmax tanker vessels scheduled for delivery in October 2028 and May 2029.
Performance Shipping Inc. Chief Financial Officer Anthony Constantine Argyropoulos filed an initial ownership report on Form 3. The filing lists him as an officer of the company and does not report any insider transactions in the issuer’s securities.
Performance Shipping Inc. director Catrice Ranunkel Loisa, Marie, Anita filed an initial Form 3, which is a required statement of beneficial ownership for company insiders. This filing lists her as a director only and does not report any stock transactions or derivative positions.
Performance Shipping Inc. director Aliki Paliou filed an initial ownership report showing indirect holdings in both preferred and common equity. Through Mango Shipping Corp., she indirectly holds Series C Preferred Shares convertible into 24,268,863 common shares and 280 common shares. Through Mitzela Corp., controlled by her spouse, she indirectly holds Series C Preferred Shares convertible into 1,039,979 common shares and 420 common shares. Each Series C Preferred Share is convertible into common shares based on a $25.00 preference amount and a $1.3576 per-share conversion price, with no expiration date.
Performance Shipping Inc. director and CEO Andreas Michalopoulos reports indirect holdings of preferred and common equity. Through Mitzela Corp., he is associated with Series C Preferred Shares convertible into 1,039,979 common shares and 420 common shares. His spouse, via Mango Shipping Corp., is associated with Series C Preferred Shares convertible into 24,268,863 common shares and 280 common shares. The Series C Preferred Shares are convertible at any time at the holder’s option, with each share convertible into common stock based on a $25.00 preference plus accrued dividends divided by a conversion price of $1.3576 per common share, and they have no expiration date.
Performance Shipping Inc. director Papageorgiou Papadopoulos Alexandros filed an initial Form 3, which is a statement of beneficial ownership for company insiders. The filing shows no reported purchases, sales, exercises, gifts, or other transactions in the issuer’s securities at this time.
Performance Shipping Inc. director Boutaris Michail has filed a Form 3 insider ownership report for issuer ticker PSHG. The filing lists him as a director and shows no reported transactions or equity or derivative holdings in the provided data.
Performance Shipping Inc. has entered a sale and leaseback agreement for its LR1 newbuilding tanker M/T P. San Francisco, now under construction in China and due in early 2027. The deal provides bareboat financing of US$37.8 million, repaid over a ten-year bareboat charter at about US$5,451 per day, plus a final balloon payment of roughly US$18.1 million.
The company keeps long-term control of the vessel and holds continuous options to repurchase it after the second charter year. Management states this financing equals about 70% of the vessel’s contract price and targets a cashflow breakeven of US$22,200 per day. The tanker is already fixed to Mercuria Energy Trading S.A. for a firm four-year charter at US$23,750 per day, with options for up to three additional years, supporting the fleet renewal and balanced leverage strategy.
Sphinx Investment Corp., Maryport Navigation Corp. and George Economou filed Amendment No. 13 to their Schedule TO to update the previously disclosed tender offer to purchase all issued and outstanding common shares of Performance Shipping Inc. for $3.00 per share in cash, less applicable withholding, pursuant to the Amended and Restated Offer to Purchase and related documents. The filing states the Offer includes the associated preferred stock purchase rights. The reporting persons disclose beneficial ownership of 1,033,859 shares, equal to 8.3% based on 12,432,158 shares outstanding as of November 24, 2025. The amendment adds a press release filed as Exhibit (a)(1)(W) dated March 16, 2026.