• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Performance Shipping Inc. Announces the Date for its 2021 Annual General Meeting of Shareholders and Adoption of Amended and Restated Equity Incentive Plan

    12/30/20 6:30:00 AM ET
    $PSHG
    Marine Transportation
    Consumer Discretionary
    Get the next $PSHG alert in real time by email

    ATHENS, Greece, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, announced today that the Company will hold its 2021 Annual General Meeting of Shareholders (the “Meeting”) on February 25, 2021 in virtual format. Shareholders and their proxy representatives will not be able to attend the Meeting physically. Additional details confirming how shares may be voted before or during the Meeting, as well as the time of the virtual Meeting and how to access it as a shareholder, will be included in the Company’s proxy statement to be separately provided to shareholders. Whether or not shareholders plan to attend the Meeting virtually, shareholders of record of the Company’s common shares are encouraged to vote and submit their proxy in advance of the Meeting. The Board of Directors (the “Board”) has set a record date of January 6, 2021.

    The Company also announced today that the Board, on the recommendation of its Compensation Committee consisting solely of independent directors, has adopted an Amended and Restated Equity Incentive Plan (the “Plan”) that amends and restates that Company’s existing 2015 Equity Incentive Plan adopted in May of 2015. As amended, the total number of common shares with respect to which awards may be made under the Plan was increased by 500,000 shares. The amended plan will expire 10 years from the date of adoption.

    About the Company

    Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of Aframax tankers. The Company's current fleet is employed primarily on short to medium term charters with leading energy companies and traders.

    Cautionary Statement Regarding Forward-Looking Statements

    Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

    The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements.

    The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

    In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for our vessels, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, the length and severity of the novel coronavirus (COVID-19) pandemic and its impact on the demand for seaborne transportation of petroleum and other types of products, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see our filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

    Corporate Contact:
    Andreas Michalopoulos
    Chief Executive Officer, Director and Secretary
    Telephone: +30-216-600-2400                                                                        
    Email: 
    Website: www.pshipping.com
    
    Investor and Media Relations:
    Edward Nebb
    Comm-Counsellors, LLC
    Telephone: + 1-203-972-8350
    Email:

    Get the next $PSHG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $PSHG

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $PSHG
    Financials

    Live finance-specific insights

    See more
    • Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2025

      ATHENS, Greece, May 27, 2025 (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 $29.4 million and net income attributable to common stockholders of $29.0 million for the first quarter of 2025. These results are compared to a net income of $11.4 million and net income attributable to common stockholders of $11.0 million for the same period in 2024. Earnings per share, basic and diluted, for the first quarter of 2025 were $2.33 and $0.76, respectively. Revenue was $21.3 million ($19.2 million net of voyage expenses) for the first quarter of 2025, comp

      5/27/25 9:27:13 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2024

      ATHENS, Greece, Feb. 20, 2025 (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 $9.7 million and net income attributable to common stockholders of $9.2 million for the fourth quarter of 2024. These results are compared to a net income of $25.0 million and net income attributable to common stockholders of $24.5 million for the same period in 2023. Earnings per share, basic and diluted, for the fourth quarter of 2024 were $0.74 and $0.25, respectively. Revenue was $21.7 million ($19.8 million net of voyage expenses) for the fourth quarter of 2024, compar

      2/20/25 9:29:02 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine-Months Ended September 30, 2024

      ATHENS, Greece, Nov. 07, 2024 (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 $12.4 million and net income attributable to common stockholders of $12.0 million for the third quarter ended September 30, 2024. These results are compared to a net income of $10.4 million and net income attributable to common stockholders of $9.9 million for the same period in 2023. Earnings per share, basic and diluted, for the third quarter of 2024 were $0.96 and $0.32, respectively. Revenue was $22.9 million ($22.1 million net of voyage expenses) for the third quarter

      11/7/24 9:27:05 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary

    $PSHG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • HC Wainwright & Co. initiated coverage on Performance Shipping with a new price target

      HC Wainwright & Co. initiated coverage of Performance Shipping with a rating of Buy and set a new price target of $11.00

      3/29/21 6:15:24 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary

    $PSHG
    SEC Filings

    See more
    • SEC Form 6-K filed by Performance Shipping Inc.

      6-K - Performance Shipping Inc. (0001481241) (Filer)

      5/27/25 4:27:34 PM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • SEC Form 20-F filed by Performance Shipping Inc.

      20-F - Performance Shipping Inc. (0001481241) (Filer)

      4/16/25 9:07:41 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • SEC Form 6-K filed by Performance Shipping Inc.

      6-K - Performance Shipping Inc. (0001481241) (Filer)

      4/7/25 5:03:47 PM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary

    $PSHG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13D/A filed by Performance Shipping Inc. (Amendment)

      SC 13D/A - Performance Shipping Inc. (0001481241) (Subject)

      3/20/24 7:09:06 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Performance Shipping Inc. (Amendment)

      SC 13G/A - Performance Shipping Inc. (0001481241) (Subject)

      2/6/24 10:24:32 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • SEC Form SC 13D/A filed by Performance Shipping Inc. (Amendment)

      SC 13D/A - Performance Shipping Inc. (0001481241) (Subject)

      10/11/23 2:29:43 PM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary

    $PSHG
    Leadership Updates

    Live Leadership Updates

    See more
    • Performance Shipping Inc. Announces Results of 2023 Annual General Meeting of Shareholders

      ATHENS, Greece, Feb. 22, 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 the Company's Annual General Meeting of Shareholders (the "Meeting") was duly held on February 22, 2023, in Athens, Greece, pursuant to a Notice of Annual Meeting of Shareholders dated January 24, 2023. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around January 24, 2023

      2/22/23 9:00:05 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • Performance Shipping Inc. Announces Results of 2022 Annual General Meeting of Shareholders

      ATHENS, Greece, March 02, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ:PSHG), (the "Company"), a global shipping company specializing in the ownership of tanker vessels, announced today that the Company's Annual General Meeting of Shareholders (the "Meeting") was duly held on February 28, 2022, in Athens, Greece, pursuant to a Notice of Annual Meeting of Shareholders dated February 3, 2022. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around February 3, 2022,

      3/2/22 4:15:00 PM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • Performance Shipping Inc. Announces Results of 2021 Annual Meeting of Shareholders

      ATHENS, Greece, March 03, 2021 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tankers, today announced that the Company’s Annual Meeting of Shareholders (the “Meeting”) was duly held on February 25, 2021, in a virtual format only via the Internet, pursuant to a Notice of Annual Meeting of Shareholders dated January 15, 2021. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company's Proxy Statement sent to shareholders on or around Jan

      3/3/21 9:01:00 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary

    $PSHG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2025

      ATHENS, Greece, May 27, 2025 (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 $29.4 million and net income attributable to common stockholders of $29.0 million for the first quarter of 2025. These results are compared to a net income of $11.4 million and net income attributable to common stockholders of $11.0 million for the same period in 2024. Earnings per share, basic and diluted, for the first quarter of 2025 were $2.33 and $0.76, respectively. Revenue was $21.3 million ($19.2 million net of voyage expenses) for the first quarter of 2025, comp

      5/27/25 9:27:13 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • Performance Shipping Inc. Announces Filing of 2024 Annual Report on Form 20-F

      ATHENS, Greece, April 16, 2025 (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 2024 Annual Report on Form 20-F for the fiscal year ended December 31, 2024 (the "Annual Report"), with the U.S. Securities and Exchange Commission (the "SEC"). The Annual Report, which contains the Company's audited consolidated financial statements, can be accessed through the SEC's website at http://www.sec.gov as well as through the Company's website at http://www.pshipping.com. Upon request, we will provide any shareholder with a hard copy of the Annual Report free

      4/16/25 9:29:19 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary
    • Performance Shipping Inc. Enters Into Potential Forward Sale Agreement for the 2009-Built Aframax Tanker, M/T P. Sophia

      ATHENS, Greece, April 07, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ:PSHG), ("we" or the "Company"), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a forward sale and exclusivity agreement with an unaffiliated third party (the "Buyer"). This agreement grants the Buyer exclusive rights to submit a bid for the conversion of the Company's Aframax tanker, M/T P. Sophia, in an auction for the provision of a Floating Production Storage and Offloading (FPSO) vessel for charter to a national oil company (the "Offshore Project"). If the Buyer is awarded the Offshore Pro

      4/7/25 9:38:30 AM ET
      $PSHG
      Marine Transportation
      Consumer Discretionary