證物(A)(1)(K)

致客户的信

修改並重新提出以現金購買的報價

所有未償還普通股

(包括相關優先股購買權 )

的

績效航運公司

為

每股普通股3.00美元(包括相關優先股購買權)

通過

斯芬克斯投資公司

優惠和撤銷權將於紐約時間2023年11月15日晚上11：59到期，除非優惠延期(可以延長的日期和時間，即“到期日期和時間”)。

2023年10月30日

致我們的客户：

隨函附上一份日期為2023年10月30日的經修訂和重新提出的購買要約(“購買要約”)和相關經修訂的傳送函和經修訂的保證交付通知(這三份文件，包括其任何修訂或補充，合計構成“要約”)，該公司是根據馬紹爾羣島共和國法律成立的公司(“要約人”)，購買所有已發行和已發行的普通股(“普通股”)，每股面值0.01美元。Performance Shipping Inc.是一家根據馬紹爾羣島共和國(“本公司”)的法律組建的公司(包括根據2021年12月20日公司與ComputerShare Inc.簽訂的、日期為2021年12月20日的《股東權利協議》發行的相關優先股購買權(“權利”，以及與普通股一起的《股份》)，每股現金3.00美元，不計利息，減去任何適用的預扣税。根據條款，並受要約中所述條件的約束。

我們是您賬户股票的記錄持有人(直接或間接)。根據您的指示，此類股份只能由我們或我們的代名人作為記錄持有人和進行投標。隨信附上的傳送函僅供您參考，您不能使用來為您的帳户投標US持有的股票。

我們請求指示您是否希望根據要約條款並受要約中規定的條件的限制，讓我們代表您為您投標我們持有的任何或所有股份。

請注意以下事項：

根據收購要約的條款和條件，要約價為每股3.00美元，不含利息，以現金形式，減去任何適用的預扣税。

要約是針對所有已發行和流通股提出的。

簽名

(打印姓名(S))

(打印個地址)

(地區代碼和電話(S))

(納税人身份或社保號(S)

*除非另有説明，否則將假定您為下文簽名人的帳户持有的所有下文簽名人的股份都將被認購。

本單據的交付方式為，風險由下列簽字人承擔。如果是通過郵寄，則建議使用掛號郵件，並要求提供退回收據，並適當投保。在所有情況下，都應留出足夠的時間，以確保及時送達。

請將此表格交回以下籤署人賬户的經紀公司，而不是大陸股票轉讓信託公司(要約收購代理)、InnisFree併購公司(信息代理)、要約人、公司、存託信託公司或上述任何關聯公司。

(Including the Associated Preferred Stock Purchase Rights)

Performance Shipping Inc.

for

$3.00 Per Common Share (including the Associated Preferred Stock Purchase Right)

Sphinx Investment Corp.

The undersigned acknowledge(s) receipt of your letter and the enclosed Amended and Restated Offer to Purchase, dated October 30, 2023 (the “Offer to Purchase”) and the related revised Letter of Transmittal and related revised Notice of Guaranteed Delivery (which three documents, including any amendments or supplements thereto, collectively constitute the “Offer”) relating to the offer by Sphinx Investment Corp., a corporation organized under the laws of the Republic of the Marshall Islands (the “Offeror”) to purchase all of the issued and outstanding common shares, par value $0.01 per share (the “Common Shares”), of Performance Shipping Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the “Company”) (including the associated preferred stock purchase rights (the “Rights”, and together with the Common Shares, the “Shares”) issued pursuant to the Stockholders’ Rights Agreement, dated as of December 20, 2021, between the Company and Computershare Inc. as Rights Agent (as it may be amended from time to time)), for $3.00 per Share in cash, without interest, less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the Offer.

The undersigned hereby instructs you to tender to the Offeror the number of Shares indicated below (or, if no number is indicated below, all Shares) held by you for the account of the undersigned, upon the terms and subject to the conditions set forth in the Offer.

Number of Shares to be Tendered: ____________ Shares* Date: _______________________________________________
	SIGN HERE
Signature(s)
(Print Name(s))
(Print Address(es))
(Area Code and Telephone Number(s))
(Taxpayer Identification or Social Security Number(s)

* Unless otherwise indicated, it will be assumed that all of the undersigned’s Shares held by you for the undersigned’s account are to be tendered.

The method of delivery of this document is at the risk of the undersigned. If delivery is by mail, then registered mail with return receipt requested, properly insured, is recommended. In all cases, sufficient time should be allowed to ensure timely delivery.

PLEASE RETURN THIS FORM TO THE BROKERAGE FIRM MAINTAINING THE UNDERSIGNED’S ACCOUNT, NOT TO Continental Stock Transfer & Trust Company (THE TENDER OFFER AGENT), Innisfree M&A Incorporated (tHE INFORMATION AGENT), OFFEROR, THE COMPANY, The Depository Trust Company, OR ANY AFFILIATE OF ANY OF THE FOREGOING.