Pacific Basin Shipping

Name: Pacific Basin Shipping
Address: Wong Chuk Hang, HK
Telephone: 852-22337000
Price range: $$

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Pacific Basin Shipping

Pacific Basin Shipping Limited (SEHK:2343) is one of the world’s leading owners and operators of modern Handysize, Supramax and Ultamax dry bulk vessels.

06/08/2026

𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗕𝗮𝘀𝗶𝗻 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝘀 𝟮𝟬𝟮𝟲 𝗜𝗻𝘁𝗲𝗿𝗶𝗺 𝗥𝗲𝘀𝘂𝗹𝘁𝘀

Pacific Basin delivered a robust first-half 2026 performance, continuing to outperform freight market benchmarks amid heightened geopolitical disruption and strengthening market freight rates.

Our Handysize and Supramax daily TCE earnings continued to exceed benchmark indices, demonstrating the value of our integrated platform, global customer network, triangulated trading model and strong cost discipline.

First-Half Highlights:
▪ EBITDA: US$197.8m
▪ Net profit: US$105.0m
▪ TCE outperformance: 16% (Handysize) and 17% (Supramax) above market benchmarks
▪ Core Business contribution: US$123.7m before overheads
▪ Operating Activity contribution: US$13.4m before overheads
▪ Net cash: US$157.2m
▪ Interim dividend: approximately 100% of net profit excluding vessel disposal gains

We continued to invest selectively in fleet renewal and growth while maintaining a strong balance sheet and returning capital to shareholders.

With our integrated platform, financial strength, strong safety and environmental performance and disciplined capital allocation approach, we remain well positioned to serve our cargo customers reliably, safely and competitively while navigating market volatility, capturing opportunities and creating long-term shareholder value.

Read our 2026 Interim Results Announcement:https://ea-cdn.eurolandir.com/press-releases-attachments/4164817/HKEX-EPS_20260806_12275567_0.PDF

03/08/2026

🌊 𝗔 𝗖𝗵𝗮𝗻𝗰𝗲 𝗘𝗻𝗰𝗼𝘂𝗻𝘁𝗲𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗣𝗮𝗰𝗶𝗳𝗶𝗰
Last month, our vessel Turtle Island crossed paths with solo ocean rower Kelsey Pfendler during her remarkable journey from California to Hawaii.

While on watch, Chief Officer Hou noticed via AIS that Kelsey’s 21-foot rowboat, Lily, was making very slow progress. Concerned that she might be in difficulty, he contacted her by radio to check that she was safe and ask whether she needed any food, water or assistance.

Thankfully, Kelsey was doing well. The two exchanged contact details, and Chief Officer Hou asked her to let him know when she safely reached Hawaii.

The encounter was a simple but powerful reminder of the longstanding tradition of mutual care at sea. Far from shore, seafarers look out for one another, recognising a shared responsibility for everyone on the water.

Kelsey is undertaking the voyage not only to test the limits of human endurance, but also to raise funds and awareness for the Whale Foundation, which supports the mental, physical and financial wellbeing of Grand Canyon River guides.
Watch the video to hear the radio exchange and reflections from both Chief Officer Hou and Kelsey following their memorable meeting in the middle of the Pacific.

Source: You Row Kelsey, Shandong People’s Radio Station

14/07/2026

🇬🇷 Our global chartering team was delighted to host over 200 guests at our Pacific Basin Cocktail Reception in Athens on 24 June. The occasion was particularly special as our chartering colleagues from all around the world had gathered in Greece for a global team-building event, providing a rare opportunity for our entire team to be together in one place.

The evening brought together many of our valued cargo customers, tonnage providers, brokers and other partners and friends from across the Greek shipping community. As a relationship-driven business, we believe that long-term success is built on trust, collaboration and a deep understanding of our customers' and partners' needs.

Against the backdrop of a dynamic dry bulk market, the reception provided a wonderful opportunity to exchange views, strengthen existing relationships, reconnect with longstanding partners and forge new connections.

Thank you to everyone who joined us and helped make the evening such a memorable success. We greatly appreciate your continued trust, partnership and support, and look forward to working together in the years ahead.

13/07/2026

Caring for our seafarers means caring for the families who support them.

For the 5th year, our Manila crewing office is hosting the 𝗣𝗕 𝗠𝗮𝗿𝗶𝘁𝗶𝗺𝗲 𝗙𝗮𝗺𝗶𝗹𝘆 𝗪𝗲𝗹𝗹𝗻𝗲𝘀𝘀 𝗦𝗲𝗺𝗶𝗻𝗮𝗿, helping the spouses and mothers of our crew build knowledge, strengthen connections and focus on their own wellbeing.

It's one of the many ways we invest in the people behind our people — the wider Pacific Basin family. 💙

06/07/2026

𝗧𝗵𝗲 𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗕𝗮𝘀𝗶𝗻 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝗦𝗲𝗻𝗶𝗼𝗿 𝗢𝗳𝗳𝗶𝗰𝗲𝗿𝘀 𝗦𝗲𝗺𝗶𝗻𝗮𝗿 𝗶𝗻 𝗗𝗮𝗹𝗶𝗮𝗻 𝘄𝗮𝘀 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹𝗹𝘆 𝗵𝗲𝗹𝗱 𝗿𝗲𝗰𝗲𝗻𝘁𝗹𝘆.

Over the course of the three-day event, some 60 senior officers gathered for a comprehensive programme of structured dialogue, professional exchange and collective learning.

The discussions focused on driving operational excellence, addressing key topics such as safety culture, safe navigation, decarbonisation and drug trafficking prevention. Through these open forums, we continue to consolidate shared standards, reinforce best practices and ensure the highest level of safety and efficiency across our fleet.

We extend our appreciation to all participating officers, whose professionalism and active engagement contributed to the success of the seminar, and to navigating Pacific Basin towards a better future.

26/06/2026

⚓ Final call: Join us this Saturday!

Don’t miss the Pacific Basin-sponsored Family Fun Day 2026 at the Hong Kong Maritime Museum.

Enjoy interactive games, navigation workshops, an immersive ship simulator and inspiring stories from our seafarers — all with free admission, proudly sponsored by Pacific Basin.

👨‍👩‍👧‍👦 Bring your family and friends and make a day of it. We look forward to seeing you there!
👇 Full details in our previous post below.

25/06/2026

🚢 𝗗𝗮𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗦𝗲𝗮𝗳𝗮𝗿𝗲𝗿 𝟮𝟬𝟮𝟲 🌏

Today we recognise the people behind global trade — our seafarers and mariners around the world.

Life at sea demands resilience and sacrifice, from long periods away from family to working in challenging conditions to keep essential goods moving across the globe.

To our Pacific Basin colleagues and the wider maritime community: thank you. Your dedication keeps the world moving, often quietly and unseen, but always essential.

International Maritime Organization - IMO

23/06/2026

This Pride Month, we’re proud to support inclusion and celebrate diversity. 🤝🌍✨

At Pacific Basin, we are committed to a culture where everyone feels safe, valued, respected and supported – and able to be themselves at work.

We recognise that diversity strengthens our business, improves decision‑making and supports long‑term success. Opportunities at Pacific Basin are based on merit, and that we aim to attract, develop and retain the best talent — without barriers.

“Pride Month reminds us of the importance of building a genuinely inclusive culture. Our strength comes from our diversity, and we welcome and value every individual who chooses to build their career with us.”
– Sari Suono-Rasehorn, Director, Human Resources & Administration of Pacific Basin

18/06/2026

💙 𝗛𝗮𝗽𝗽𝘆 𝗙𝗮𝘁𝗵𝗲𝗿’𝘀 𝗗𝗮𝘆 𝗳𝗿𝗼𝗺 𝗣𝗮𝗰𝗶𝗳𝗶𝗰 𝗕𝗮𝘀𝗶𝗻!

To all fathers and father figures — at home and at sea — thank you for everything you do.

We especially recognise our seafarers, who spend months away from their families while working across the world. Your dedication and sacrifice inspire the next generation every day.

🎥 Take a moment to watch this video and see how being a father shapes the lives of many of our seafarers at sea — and the dreams they pass on to their children.

Address

Wong Chuk Hang

Telephone

852-22337000

Website

http://www.pacificbasin.com/

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