Name | Value |
---|---|
Revenues | 20.5M |
Cost of Revenue | 9.1M |
Gross Profit | 11.4M |
Operating Expense | 1.6M |
Operating I/L | 9.8M |
Other Income/Expense | 0.4M |
Interest Income | 0.8M |
Pretax | 10.2M |
Income Tax Expense | 0.0M |
Net Income/Loss | 10.2M |
Performance Shipping Inc. operates as a shipping transportation company, specializing in the ownership and operation of tanker vessels worldwide. The company's primary source of revenue comes from providing shipping services through its fleet of five Aframax tanker vessels, with a combined carrying capacity of 546,094 deadweight tons (dwt). By transporting various liquid cargoes across international waters, Performance Shipping Inc. generates income from chartering its vessels to clients in need of efficient and reliable shipping solutions.