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Stock impact report

Performance Shipping Inc. Announces Delivery of the First of Two 2019-Built Suezmax Tankers, M/T P. Bel Air [Yahoo! Finance]

Performance Shipping Inc. - Common Shares (PSHG) 
Company Research Source: Yahoo! Finance
specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. Bel Air (formerly “Eco Bel Air”), a 2019-built Suezmax tanker of 157,286 dwt that the Company entered into an agreement to purchase in October 2025. As previously announced, the M/T P. Bel Air is the first of two 2019-built Suezmax tankers to be delivered to the Company, with the sister vessel expected to be delivered by the end of December. With this delivery, the Company's fleet consists of a total of twelve (12) tanker vessels, including two newbuild tankers under construction, with nine currently operating on the water. Commenting on this delivery, Andreas Michalopoulos, the Company's Chief Executive Officer, stated: “We are pleased to take delivery of our first Suezmax tanker earlier than initially expected, reflecting significant steps in the Company's expansion. The vessel will immediately commence its previously-announced three- Show less Read more
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