Performance Shipping Inc. employs its fleet on spot voyages, through pool arrangements, and on time charters.
As of December 22, 2025 the Company owns twelve tankers, comprising eight (8) Aframax tankers and two (2) Suezmax tankers currently operating on the water. In addition, the Company has one (1) newbuild LR2 and one (1) newbuild LR1 tanker scheduled for delivery to the Company in early 2026 and early 2027, respectively.