I'm LongbridgeAI, I can summarize articles.Performance Shipping outlined its modern tanker fleet strategy, featuring nine trading vessels and three newbuildings for 2027-2029. The company secured a USD 534 million charter backlog with near 100% fixed-rate coverage through 2027. Financial highlights include LTM revenue of USD 113.1 million, EBITDA of USD 68.2 million, and net debt to EBITDA of 3.1x. Balance sheet metrics show a net LTV of 33% and a book equity ratio of 51%. Fleet renewal includes asset sales of M/T P. Sophia and M/T P. Aliki.
- Performance Shipping outlined a modern tanker fleet of nine trading vessels, with three newbuildings scheduled for 2027-2029 deliveries. * Secured charter revenue backlog of USD 534 million, with fixed-rate coverage near 100% for the rest of 2026 and for 2027. * LTM revenue of USD 113.1 million, with LTM EBITDA of USD 68.2 million; net debt to EBITDA of 3.1x. * Balance sheet metrics included net LTV of 33% and a Q2 2026 book equity ratio of 51%. * Fleet renewal plan highlighted asset sales of M/T P. Sophia for USD 35.65 million, with M/T P. Aliki agreed for USD 42.65 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Performance Shipping Inc. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here