<SEC-DOCUMENT>0001140361-26-012754.txt : 20260401
<SEC-HEADER>0001140361-26-012754.hdr.sgml : 20260401
<ACCEPTANCE-DATETIME>20260401161448
ACCESSION NUMBER:		0001140361-26-012754
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20260401
FILED AS OF DATE:		20260401
DATE AS OF CHANGE:		20260401

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Michalopoulos Andreas Nikolaos
		CENTRAL INDEX KEY:			0002125310
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35025
		FILM NUMBER:		26828319

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		373 SYNGROU AVENUE
		STREET 2:		175 64 PALAIO FALIRO
		CITY:			ATHENS
		PROVINCE COUNTRY:   	J3
		ZIP:			00000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Performance Shipping Inc.
		CENTRAL INDEX KEY:			0001481241
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		373 SYNGROU AVE.
		STREET 2:		17564 PALAIO FALIRO
		CITY:			ATHENS
		PROVINCE COUNTRY:   	J3
		BUSINESS PHONE:		302166002400

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		373 SYNGROU AVE.
		STREET 2:		17564 PALAIO FALIRO
		CITY:			ATHENS
		PROVINCE COUNTRY:   	J3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Diana Containerships Inc.
		DATE OF NAME CHANGE:	20100115
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-04-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001481241</issuerCik>
        <issuerName>Performance Shipping Inc.</issuerName>
        <issuerTradingSymbol>PSHG</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002125310</rptOwnerCik>
            <rptOwnerName>Michalopoulos Andreas Nikolaos</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>true</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>373 SYNGROU AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>PALAIO FALIRO</rptOwnerCity>
            <rptOwnerNonUSStateTerritory>ATHENS</rptOwnerNonUSStateTerritory>
            <rptOwnerCountry>J3</rptOwnerCountry>
            <rptOwnerZipCode>175 64</rptOwnerZipCode>
            <rptOwnerStateDescription>GREECE</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>true</isOfficer>
            <officerTitle>CEO and Secretary</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common shares, par value $0.01</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>420</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held through Mitzela Corp.</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common shares, par value $0.01</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>280</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by spouse through Mango Shipping Corp.</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Series C Preferred Shares</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common shares, par value $0.01</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1039979</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held through Mitzela Corp.</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Series C Preferred Shares</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F4"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common shares, par value $0.01</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>24268863</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Held by spouse through Mango Shipping Corp.</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Andreas Michalopoulos owns and controls Mitzela Corp.</footnote>
        <footnote id="F2">Andreas Michalopoulos' spouse, Aliki Paliou, is a director of the Issuer and owns and controls Mango Shipping Corp.</footnote>
        <footnote id="F3">The Series C Preferred Shares are convertible into the Issuer's Common Shares on a at any time at the option of the Reporting Person.</footnote>
        <footnote id="F4">The Series C Preferred Shares have no expiration date.</footnote>
        <footnote id="F5">Each Series C Preferred Shares is convertible into a number of shares of Issuer's Common Stock, determined by dividing (i) $25.00 plus the amount of any accrued and unpaid dividends thereon by (ii) a conversion price of $1.3576 per Common Share, subject to adjustment from time to time.</footnote>
    </footnotes>

    <remarks>Exhibit List:
24: Power of Attorney of Andreas Michalopoulos dated March 13, 2026</remarks>

    <ownerSignature>
        <signatureName>/s/ Karla von Felbinger, Attorney-in-Fact, pursuant to power of attorney attached hereto</signatureName>
        <signatureDate>2026-04-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ef20069457_ex24.htm
<DESCRIPTION>EXHIBIT 24
<TEXT>
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    <title></title>
    <!-- Licensed to: Broadridge
         Document created using Broadridge PROfile 26.3.2.5342
         Copyright 1995 - 2026 Broadridge -->
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  <div>
    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
    <div>
      <div style="text-align: right; font-weight: bold;">Exhibit 24</div>
      <div><br>
      </div>
      <div style="text-align: center;">LIMITED POWER OF ATTORNEY FOR</div>
      <div style="text-align: center;">SECTION 16 REPORT OBLIGATIONS</div>
      <div style="text-align: center;">RELATING TO</div>
      <div style="text-align: center;">PERFORMANCE SHIPPING INC.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Know all by these presents, that the undersigned hereby makes, constitutes and appoints each of Eleni Leontari, Christianna Valantasi and&#160; Karla von
        Felbinger as the undersigned&#8217;s true and lawful attorney-in-fact, with full power and authority as hereinafter described on behalf of and in the name, place and stead of the undersigned to:</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(1) prepare, execute, acknowledge, deliver and file Forms 3, 4 and 5 (including any amendments thereto) with respect to the securities of Performance
        Shipping Inc., a Marshall Islands corporation (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;), with the United States Securities and Exchange Commission, the New York Stock Exchange, the Nasdaq, any
        other national securities exchange and the Company, as considered necessary or advisable under Section 16(a) of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from time to time (the &#8220;<font style="font-weight: bold;">Exchange Act</font>&#8221;);</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(2) seek or obtain, as the undersigned&#8217;s representative and on the undersigned&#8217;s behalf, information on transactions in the Company&#8217;s securities from any
        third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information;</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(3) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5
        and any amendments thereto and timely file such forms with the United States Securities and Exchange Commission and any stock exchange or similar authority, including, but not limited to, taking any actions necessary or desirable in connection with
        effectuating electronic filings; and</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(4) take any other action of any type whatsoever which, in the opinion of such attorney-in-fact, may be necessary or desirable in connection with the
        foregoing authority, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact
        may approve in such attorney-in-fact&#8217;s discretion.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">The undersigned acknowledges that:</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(1) this Power of Attorney authorizes, but does not require, each such attorney-in-fact to act in their discretion on information provided to such
        attorney-in-fact without independent verification of such information;</div>
      <div><br>
      </div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: justify;">(2) any documents prepared and/or executed by any such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney will be in such form
        and will contain such information and disclosure as such attorney-in-fact, in his discretion, deems necessary or desirable;</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(3) neither the Company nor any of such attorneys-in-fact assumes (i) any liability for the undersigned&#8217;s responsibility to comply with the requirement of
        the Exchange Act, or (ii) any liability of the undersigned for any failure to comply with such requirements; and</div>
      <div><br>
      </div>
      <div style="text-align: justify;">(4) this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned&#8217;s obligations under the Exchange Act,
        including without limitation the reporting requirements under Section 16 of the Exchange Act.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">The undersigned hereby gives and grants to each of the foregoing attorneys-in-fact attorney-in-fact full power and authority to do and perform any and every
        act and thing whatsoever requisite, necessary, or proper to be done and about in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full
        power of substitution or revocation, hereby ratifying and confirming, for and on behalf of the undersigned, all that such attorney-in-fact, or such attorney-in-fact&#8217;s substitute or substitutes, shall lawfully do or cause to be done by virtue of
        this Power of Attorney and the rights and powers herein granted.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing delivered to each such attorney-in-fact.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 13th day of March, 2026.</div>
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 50%; vertical-align: top; font-weight: normal;">
                <div style="text-align: justify; font-size: 12pt;"><font style="font-size: 10pt;"><u>/s/ </u></font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Andreas Michalopoulos</u></font></div>
              </td>
              <td style="width: 50%; vertical-align: top;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div style="text-align: justify;">Name: <font style="color: rgb(0, 0, 0);">Andreas Michalopoulos</font></div>
              </td>
              <td style="width: 50%; vertical-align: top;">&#160;</td>
            </tr>

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        </div>
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