Performance Shipping Inc. employs its fleet on spot voyages, through pool arrangements, and on time charters.
As of March 2, 2026 the Company owns fourteen tankers, comprising nine (9) Aframax tankers and two (2) Suezmax tankers currently operating on the water. In addition, the Company has one (1) newbuild LR1 tanker scheduled for delivery to the Company in early 2027 and two (2) newbuild Suezmax tankers scheduled for delivery in late 2028 and mid-2029, respectively.