Performance Shipping Inc. reported net income of $22.1 million for the six months ended June 30, 2026, a decline from $38.5 million in the prior year period which included a $19.5 million gain on vessel sales. Revenue increased 73.2% to $68.4 million, driven by fleet expansion through newbuilding deliveries and secondhand acquisitions. The company paid $0.9 million in cash dividends on Series B and C preferred shares during the period. Aggregate outstanding debt rose to $316.1 million following a bond tap issue and loan proceeds, resulting in higher interest expenses of $11.6 million. In July 2026, Performance Shipping extended a Nordea loan maturity to July 2030, delivered vessel P. Sophia to new owners, and prepaid $12.8 million on Alpha Bank debt related to the upcoming sale of vessel P. Aliki. The company operates in the tanker shipping industry.

Performance Shipping Inc. extended a time charter for the Aframax tanker M/T Blue Moon with American Eagle Tankers for 24 months at an average gross rate of US$40,500 per day, expected to generate approximately US$29 million in revenue. Additionally, the company completed the sale of the M/T P. Sophia for US$35.65 million, representing a 30% increase over its 2022 acquisition price. Performance Shipping Inc. is a global provider of shipping transportation services through the ownership of tanker vessels.

Performance Shipping Inc. announced on July 8, 2026, that it has secured improved terms and an extension for its existing Nordea Bank facility. The specific financial details of the renegotiated terms were contained in the attached press release. The company operates in the maritime shipping industry providing vessel services.

Performance Shipping Inc. has extended a time charter for the vessel M/T Briolette with Aramco Trading at a rate of US$37,700 per day for a three-year term. Performance Shipping Inc. operates in the shipping industry and provides maritime transport services for oil and gas products.

Performance Shipping Inc. announced the approval of amendments to make its bonds senior unsecured. The company issued a summons for a written resolution regarding these amendments on June 29, 2026. Performance Shipping Inc. is a shipping company.