Performance Shipping Inc. announced the voluntary prepayment in full of its existing loans with Piraeus Bank S.A. The voluntary prepayment amounts to approximately USD 44.8 million. The Piraeus loans were secured by the M/T P. Monterey, M/T P. Yanbu and M/T P. Sophia. Following the full prepayment of the Piraeus Loans, the Company?s total outstanding debt will be approximately USD 55.2 million, and three out of the seven vessels comprising the Company?s current fleet will be completely unencumbered.