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Performance Shipping Inc. Completes Early Delivery of Suezmax Tanker M/T P. Bel Air

Story Highlights
  • Performance Shipping Inc. specializes in tanker vessel ownership and operates a fleet focused on eco-design and efficiency.
  • The company expanded its fleet on December 15, 2025, with a Suezmax tanker delivery and a Repsol partnership, boosting operations and market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Performance Shipping Inc. Completes Early Delivery of Suezmax Tanker M/T P. Bel Air

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The latest update is out from Performance Shipping ( (PSHG) ).

On December 15, 2025, Performance Shipping Inc. announced the delivery of the M/T P. Bel Air, a 2019-built Suezmax tanker, as part of the company’s expansion plan to modernize its fleet. The vessel has commenced a three-year time charter with Repsol Trading S.A., marking the company’s first partnership with the charterer. This delivery represents a significant operational milestone, with the company’s fleet now consisting of twelve tanker vessels, enhancing its market presence and boosting long-term earnings potential.

The most recent analyst rating on (PSHG) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Performance Shipping stock, see the PSHG Stock Forecast page.

Spark’s Take on PSHG Stock

According to Spark, TipRanks’ AI Analyst, PSHG is a Outperform.

Performance Shipping’s stock is supported by strong valuation metrics and positive technical indicators. However, financial performance is mixed due to revenue decline and unclear cash flow data, which slightly dampens the overall score.

To see Spark’s full report on PSHG stock, click here.

More about Performance Shipping

Performance Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and operation of tanker vessels. The company deploys its fleet for spot voyages, pool arrangements, and time charters, focusing on eco-design and fuel-efficient vessels to enhance operational capabilities and earnings visibility.

Average Trading Volume: 139,729

Technical Sentiment Signal: Sell

Current Market Cap: $28.35M

For a thorough assessment of PSHG stock, go to TipRanks’ Stock Analysis page.

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