- Pacific Basin reported it carried 79.8 million tonnes of cargo, mainly minor bulks and grains, supported by triangulated trading to reduce ballast legs and increase laden days.
- Average daily TCE earnings were US$11,490 for Handysize and US$12,850 for Supramax, with outperformance versus market indices of 9% and 10%.
- As of 31 December, the fleet in operation totalled 250 vessels, including 107 owned and 130 chartered.
- The report said Pacific Basin exercised four purchase options on long-term chartered ships and agreed to acquire four 40,000 dwt Handysize newbuildings for about USD 119.2 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Basin Shipping Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260319-12058878), on March 19, 2026, and is solely responsible for the information contained therein.