 ATHENS, Greece, Nov. 18, 2020 GLOBE NEWSWIRE -- Performance Shipping Inc. NASDAQ: PSHG, the Company, a global shipping company specializing in the ownership of tankers, today announced that the Nasdaq Stock Market Nasdaq has confirmed that the Company has regained compliance with Nasdaqs minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that as a result of the closing bid price of the Companys common shares having been at 1.00 per share or greater for at least ten consecutive business days, from November 2, 2020 through November 13, 2020, the Company has regained compliance with Nasdaqs Listing Rule 5550a2, and the matter is now closed. 