Performance Shipping Inc. Announces Delivery of the Aframax Tanker “Blue Moon”

Athens, Greece - August 5, 2019

Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Blue Moon (formerly “Maersk Jeddah”), a 2011-built Aframax tanker vessel of 104,623 dwt that the Company entered into an agreement to purchase in June 2019.

Including the newly delivered m/t Blue Moon, Performance Shipping Inc.’s fleet currently consists of 4 container vessels (2 Post-Panamax and 2 Panamax) and 1 Aframax tanker vessel. The Company also expects to take delivery of one Aframax tanker vessel by the beginning of November 2019. A table describing the current Performance Shipping Inc. fleet can be found on the Company’s website, www.pshipping.com. Information included on the Company’s website does not constitute a part of this press release.

About the Company
Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s current fleet of vessels are employed primarily on time charters with leading charterers.

Performance Shipping Inc. press release