Pacific Basin Shipping Limited publishes 2025 annual report

Reuters
Mar 19
<a href="https://laohu8.com/S/PCFBF">Pacific Basin Shipping</a> Limited publishes 2025 annual report
  • 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.


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