Performance Shipping Inc. (the “Company”) (NASDAQ:DCIX) is a global provider of shipping transportation services through its ownership of vessels. The Company’s vessels are employed primarily on time charters with leading charterers. As of October 1, 2019 the Company owns and operates two container vessels (1 Post-Panamax and 1 Panamax) and one Aframax tanker vessel, as well as one Post-Panamax container vessel, the ''Pucon'', that has been sold and expected to be delivered to her new owners at the latest by December 5, 2019. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019.
Our fleet is managed by our wholly-owned subsidiary Unitized Ocean Transport Limited. Please visit our manager's website at www.unitizedocean.com
Our Senior Management
Our management team is responsible for the strategic management of our Company, including the development of our business plan and overall vision for our operations. Strategic management also involves, among other things, locating, purchasing, financing and selling vessels. We believe that our management team’s experience, expertise and reputation within the international shipping industry enhances shareholder value for our investors by providing sourcing opportunities for vessel purchases and sales, newbuilding acquisitions, chartering and financing arrangements.