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Pacific Basin

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Posted: 2 days ago
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Pacific Basin CEO: We won’t be investing in any more scrubbers

Hong Kong-based dry bulk shipping company Pacific Basin has ruled out further investments in the ins...

Categories:
  • Business & Finance
Posted: 2 days ago
Posted: 8 days ago

Pacific Basin scores $23.1 million net savings on its scrubbers

Hong Kong-based dry bulk shipping company Pacific Basin achieved a net saving of $23.1 million on it...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: about 1 month ago

Pacific Basin expects $198 million in asset impairments

Hong Kong-based dry bulk shipping company Pacific Basin revealed a one-off non-cash impairment charg...

Categories:
  • Business & Finance
Posted: about 1 month ago
Posted: 4 months ago

Pacific Basin puts the breaks on fleet growth plans

Hong Kong-based dry bulk shipping company Pacific Basin will pause its fleet expansion plans amid th...

Categories:
  • Business developments & projects
Posted: 4 months ago
Posted: 5 months ago

Pacific Basin Eyes Further Second-Hand Acquisitions, Staying Clear of Newbuilds

Pacific Basin is keen on enlarging its fleet, but is staying clear from ordering newbuilds. ...

Posted: 5 months ago
Posted: 10 months ago

Pacific Basin to Pay USD 74 Mn for Bulker Quartet

The secondhand purchase would be 33% funded by new Pacific Basin shares to be issued to the ships’ s...

Categories:
  • Business & Finance
Posted: 10 months ago
Posted: about 1 year ago

Pacific Basin to Fit Majority of Supramaxes with Scrubbers

The equipment is expected to set Pacific Basin up “for what we believe will be stronger years ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin Ups Funding Flexibility with USD 115 Mn Loan

Pacific Basin closed a new USD 115 million credit facility, secured over 10 of the company’s owned s...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin, MAN Energy Solutions Ink Service Contract for 111 Bulkers

Pacific Basin signs a service agreement with MAN Energy Solutions for 111 bulkers. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin Bulker Hit by Fire in Morehead City

Bulk carrier Albany Sound suffered fire in the crew cabins while berthed at North Carolina Port, Mor...

Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin to Add Supramax Trio

Pacific Basin is to expand its fleet with a further 3 secondhand Supramax vessels. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin Names, Takes Delivery of New Handy Bulker

Pacific Basin has held a naming and delivery ceremony for Iwagi Island, a Handysize bulker. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin Closes USD 40 Mn Loan Facility

Pacific Basin Shipping closes a USD 40 million 7-year term loan facility with Danish Ship Finance. ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Pacific Basin Boasts Vessel Earnings Hike

Pacific Basin Shipping Limited saw a significant hike in vessel earnings in the third quarter of the...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: over 2 years ago

Pacific Basin Poised to Tap Into Market Recovery after Returning to Profit

Pacific Basin has returned to the black in the first half of 2018 thanks to the recovery of the dry ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Pacific Basin Closes USD 325 Mn Financing Deal

Pacific Basin closed a USD 325 million 7-year reducing revolving credit facility secured over 50 of ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Pacific Basin Acquires Ship Quartet

Pacific Basin decides to acquire for dry bulk vessels with 50% equity funding. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Favourable Dry Bulk Market Leads Pacific Basin to Profit

An improvement in dry bulk market conditions pushed Pacific Basin into the black during 2017. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Pacific Basin Denies Reports on Handy Bulker Purchase

Pacific Basin Shipping refutes reports which inform that it acquired two bulkers from Clipper Group....

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Pacific Basin Staying Clear of Ordering as It Slashes Loss

Hong Kong-based dry bulk shipping company Pacific Basin will not be exercising its options for newbu...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 3 years ago

Pacific Basin Spends USD 104.6 Mn on Bulker Quintet

Dry bulk shipping company Pacific Basin Shipping Limited has inked a conditional agreement to acquir...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Pacific Basin Reaps Fruit from Improved Market Conditions

Hong Kong-based dry bulk shipping company Pacific Basin Shipping is reaping the fruits of the recove...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Pacific Basin Ends 18-Month Buying Drought

Hong Kong-based dry bulk owner Pacific Basin Shipping has decided to expand its fleet as it reached ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Pacific Basin Offers Shares for Charter Rate Cuts

Pacific Basin Chartering Limited, a subsidiary of Hong Kong-listed dry bulk shipping company Pacific...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 4 years ago

Pacific Basin in Profit Warning

Hong Kong-seated bulk shipping company Pacific Basin Shipping Limited has issued a profit warning as...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Weakness in Dry Bulk Shipping May Bring More Woes

The ship supply surplus built up in 2010-2012 and slowdown in Chinese raw materials imports, especia...

Categories:
  • Business & Finance
Posted: over 4 years ago