Performance Shipping inks construction deal for LNG-ready LR2 Aframax duo
Performance Shipping has signed two contracts for the construction of two 114,000 dwt LNG-ready LR2 Aframax product/crude oil tankers.
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Performance Shipping has signed two contracts for the construction of two 114,000 dwt LNG-ready LR2 Aframax product/crude oil tankers.
Shares of Performance Shipping Inc. (PSHG) are up 6% on Thursday following an announcement that the company has entered into a time charter contract with Marathon Maritime Company, wholly owned by Marathon Petroleum Corporation.
When economies are set to boom, undervalued penny stocks typically lead the way when it comes to equity rallies.
Performance Shipping (NASDAQ:PSHG – Get Free Report) released its quarterly earnings results on Monday. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.01), MarketWatch Earnings reports. The business had revenue of $24.11 million during the quarter. Performance Shipping had a return on equity of 37.89% and […]
Performance Shipping, owned by the Paleos family, is considering an opening in the market for dry bulk carriers.