PSHG

Performance Shipping Inc. (NASDAQ:PSHG) is a Greek-based shipping company that was incorporated in 2010 and went public in 2011. The company operates in the global maritime transportation industry, providing crude oil and petroleum product shipping services through its fleet of tanker vessels. Based in Athens, Greece, Performance Shipping has established itself as a focused player in the Aframax tanker segment, operating five vessels with a combined carrying capacity of 546,094 deadweight tons (dwt). The company has experienced significant financial volatility typical of the cyclical shipping industry, with recent years showing strong profitability following the challenging market conditions of the early 2020s.