PSHG PRESS-RELEASE SEC Filing Analysis

Latest settled — T+20d ⚠ clustered

PSHG ▼ -7.37% at T+20d

LONG call ✗ call lost -7.37% · α vs SPY -13.18% · entry $1.90 → $1.76

Next anchor: T+60d in 5w

Last close $1.82 (close Jun 8) · -4.21% from $1.90 entry

Entry anchored
Apr 15, 03:59 PM ET
via Databento tick

T+1d

+0.53%

call +0.53% · α -0.69%

$1.91

settled 8w ago

T+5d

-7.37%

call -7.37% · α -8.35%

$1.76

settled 7w ago

T+20d

-7.37%

call -7.37% · α -13.18%

$1.76

settled 27d ago

T+60d

—

call — · α —

—

in 5w

Price Chart

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Executive Summary

Performance Shipping Inc. (PSHG) announced long-term time charter agreements with Repsol Trading S.A. for its two Suezmax tanker newbuildings, securing $471 million in contracted revenue. The vessels, set for delivery in late 2028 and mid-2029, are chartered for 7 and 5 years at daily rates of $35,000 and $36,850, respectively, enhancing earnings visibility and fleet utilization.

Key Financial Metrics

Deal Value

$154.0M

Actionable Insight

The long-term charters at attractive rates de-risk future cash flows and support valuation upside, especially in a tight tanker market. Traders should monitor 2026–2027 delivery timeline and potential for follow-on contracts as spot rates remain elevated. The secured revenue may also improve refinancing prospects for vessel financing.

Key Facts

Entered into time charter agreements with Repsol for two Suezmax tanker newbuildings
First vessel chartered for 7 years at $35,000/day, second for 5 years at $36,850/day
Vessels to be delivered in October 2028 and May 2029, commencing charter immediately
Total contracted revenue increased from $317M to $471M as of April 2026
Average contract duration now 2.8 years; 89.5% of fleet days contracted in 2026
Modern fleet now fully under long-term fixed-rate contracts

Financial Impact

Approximately $154 million in incremental contracted revenue from prior total of $317M to new total of $471M

revenueearnings visibilitycontracted backlog

Risk Factors

Forward-looking statements subject to market volatility, charter rate fluctuations, and geopolitical risks
Execution risk around vessel delivery dates and financing
Exposure to oil demand shifts, bunker costs, and global conflicts affecting trade flows

Market Snapshot

Exchange

Nasdaq

Sector

Deep Sea Foreign Transportation of Freight

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3275478

9 reports for PSHG

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for PSHG — sortable, filterable
	Type				Now
May 26, 2026 14d ago	6-K MIXED ★ 6/10	$1.68 $1.70	▲ +1.19%	▲ +0.72%	$1.82 (+8.33%)
May 26, 2026 14d ago	Press Release NEUTRAL ★ 4/10	$1.70 $1.70	· 0.00%	▼ −1.08%	$1.82 (+7.06%)
May 22, 2026 19d ago	EFFECT BEARISH ★ 5/10	$1.65 $1.70	▼ −3.03%	▼ −1.37%	$1.82 (−10.30%)
Apr 27, 2026 6w ago	Press Release NEUTRAL ★ 2/10	$1.89 $1.82	▼ −3.70%	▼ −5.40%	$1.82 (−3.70%)
Apr 16, 2026 7w ago	6-K BULLISH ★ 8/10	$1.91 $1.81	▼ −5.24%	▼ −5.79%	$1.82 (−4.71%)
Apr 16, 2026 7w ago	Press Release BULLISH ★ 7/10	$1.90 $1.76	▼ −7.37%	▼ −8.35%	$1.82 (−4.21%)
Apr 14, 2026 8w ago	Press Release MIXED ★ 6/10	$1.88 $1.84	▼ −2.13%	▼ −3.52%	$1.82 (−3.19%)
Mar 4, 2026 13w ago	Press Release MIXED ★ 6/10	$2.17 $2.34	▲ +7.83%	▲ +9.17%	$1.82 (−16.13%)
Mar 2, 2026 14w ago	Press Release NEUTRAL ★ 5/10	$2.38 $2.28	▼ −4.20%	▼ −3.72%	$1.82 (−23.53%)

US Market Status

Market Closed — Opens in 8h 33m

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