Performance Shipping Inc. filings document a foreign private issuer that owns and operates tanker vessels. Form 6-K reports attach company releases on time charters, newbuilding deliveries, shipbuilding contracts, vessel sale-and-leaseback financing, vessel sale activity, and quarterly or annual operating results.
The filing record also includes Form 20-F annual reporting with audited consolidated financial statements and registration-statement incorporation language tied to Form F-3 shelf registrations. These documents address fleet composition, charter employment, capital-structure disclosure, material agreements and governance matters connected to tanker shipping operations.
Performance Shipping Inc. files a shelf registration on to offer up to $250,000,000 of common shares, preferred shares, debt securities, warrants and other instruments from time to time.
The prospectus also registers up to 6,233,522 common shares issuable upon exercise of outstanding warrants (including 2,122,222 August 2022 Warrants, 14,300 Series A Warrants and 4,097,000 Series B Warrants). Shares issued and outstanding were 12,432,158 as of May 4, 2026; aggregate market value of common shares held by non-affiliates was approximately $29,586,870.04 based on a closing price cited in the prospectus. The registration permits periodic offerings and the issuance of shares upon warrant exercise; proceeds treatment for warrant cash exercises is described in the prospectus.
Performance Shipping Inc. has filed its annual report on Form 20‑F, outlining its tanker business, capital structure, and extensive risk factors. As of December 31, 2025, the company had 12,432,158 common shares outstanding, plus Series B and Series C preferred shares.
The report emphasizes exposure to highly cyclical tanker markets, with charter rates and vessel values driven by oil demand, fleet supply, and global economic conditions. It highlights the impact of wars, sanctions on Russian oil, Middle East tensions, Red Sea attacks, and potential disruptions in the Strait of Hormuz on ton‑mile demand, asset prices, financing and insurance costs.
Performance Shipping details operational and regulatory risks, including environmental compliance, piracy, sanctions regimes, severe weather and climate change, sanctions‑related port and trade restrictions, and new U.S.–China port fee frameworks. Company‑specific risks cover debt covenants, secondhand and newbuilding exposure in China, counterparty credit risk, and the possibility of higher costs reducing profitability and limiting dividends.
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.