Pacific Basin Shipping

Pacific Basin Shipping Limited ( is one of the world’s leading owners and operators of modern Handysize and Supramax dry bulk vessels.

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Our Vancouver GM, Peter Amat, stressed that “PB” also stands for “People Business” – a fact that we never forget at Pacific Basin. We are proud of the business that our Vancouver colleagues generate and the exceptional service that they deliver to our cargo customers.

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In October, we celebrated our Vancouver office’s 20th anniversary with a memorable gathering of Pacific Basin colleagues and customers at The Wallace in the heart of North Vancouver’s historic shipyard district.

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The reception allowed us to convey our heartfelt gratitude to over 200 cargo customers and other business partners for their support, friendship and loyalty that have helped to shape our leading position in dry bulk shipping in the Pacific Northwest region and beyond.

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in the wider business community. Sunny highlighted our cargo system business model, our commitment to developing high-performing teams, our investment in low-emission vessels, and our approach to sustainability integration. The event attracted over 250 attendees

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Our Sustainability Manager Sunny Wong delivered a keynote speech and participated in a panel discussion at the HK Management Association’s Sustainability Summit 2025 which aims to encourage cross-sector learning, benchmark best sustainability practices and promote sustainability

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We are delighted to support this important initiative organised by maritime recruitment company Spinnaker to fund innovative treatments developed by GOSH and its partner research centres to fight childhood cancers and immune diseases.

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Congratulations to our Pacific Basin colleagues for clinching victory at the recent OSCAR Dragon Boat Race event in London! Competing against 26 other shipping industry teams throughout the day, Team PB came up winners by the closest of margins in the final.

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The event raised over £250,000 for the OSCAR Campaign (the Ocean and Shipping Community Advancing Children’s Health and Research), an innovative fundraising partnership uniting the international shipping community to raise funds for Great Ormond Street Hospital for Children GOSH

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our crewing office in Manila – developing a deeper understanding of how each function connects with their own day-to-day commercial roles. This immersive experience not only enhanced their professional knowledge but also strengthened team bonds and cross-functional collaboration.

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A key milestone for our 24/25 Commercial Graduate Trainee Class!

In early Sep, following the completion of their first year of training in our London and Stamford offices, Harry, Patrick and Sean from our 2024 intake arrived in Hong Kong for an intensive five-week rotation

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across our several supporting departments.
They gained hands-on experience in areas such as Fleet Management (including Technical, Marine Safety and Crewing), Governance, Risk Management, Sustainability, Decarbonisation, Insurance, and Digitalisation – and they got to visit

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support tighter freight market conditions and stronger freight rates.
We are positive about the longer term, and we remain committed to our strategy of disciplined fleet renewal and growth, while maximising our optionality, performance and value creation for our shareholders.

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The dry bulk freight markets rallied and the Company’s vessel TCE earnings improved in the third quarter of 2025, as disruptions and inefficiencies combined with otherwise flat demand to drive tighter market conditions.

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The dry bulk market is firm and, while seasonality as well as volatility and uncertainty due to shipping tariff actions are to be expected, near-term market conditions are expected to benefit from steady minor bulk demand growth and likely increasing supply disruption which would

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public beneficial ownership reports filed with the Stock Exchange, we believe the special port fees under both the US and Chinese schemes are not applicable to us.

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including expansion of our Singaporean company structure to hold our Singapore flagged vessels, locating our strategic leadership in Singapore, and amending the composition of our Board. Based on the structural adjustments we have made and based on