Hong Kong-based dry bulk shipping company Pacific Basin is keen on enlarging its fleet, but is staying clear from ordering newbuilds keeping a focus on smaller second-hand bulkers. “We will…
Pacific Basin
LNG Shipping Rates See an Uptick in Atlantic and Pacific Basins
The Platts Atlantic and Pacific shipping rates for LNG spot vessels have been assessed higher at $100,000/day, representing a year-to-date high for both basins, reports S&P Global Platts.
The $100,000/day shipping rate was last seen late-December.
Ballast rates at 100 percentThe ballast rates in both basins were assessed at 100%, meaning owners are fully compensated while the vessel is ballasting.
In the Pacific, only one cold TFDE tanker was heard available for loading from now until H2 November.
T...
http://mfame.guru/lng-shipping-rates-see-an-uptick-in-atlantic-and-pacific-basins/
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’ sellers.
https://worldmaritimenews.com/archives/283350/pacific-basin-to-pay-usd-74-mn-for-bulker-quartet/
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 ahead.”
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 ships.
Pacific Basin, MAN Energy Solutions Ink Service Contract for 111 Bulkers
Pacific Basin signs a service agreement with MAN Energy Solutions for 111 bulkers.
MAN ES Signs Major Service Agreement With Pacific Basin For 111 Dry Bulk Ships
MAN Energy Solutions, Hong Kong has signed a service agreement with Pacific Basin Shipping covering field, workshop and technical services on MAN main engines, generators and turbochargers aboard 111 dry-bulk ships. All of the vessels involved are owned by Pacific Basin and managed by its in-house technical-management team.
Representation Image Credits: pacificbasin.com
MAN PrimeServ will manage the contract from Hong Kong in close cooperation with the PrimeServ global network that covers some...
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, Morehead City, USA.
https://worldmaritimenews.com/archives/275144/pacific-basin-bulker-hit-by-fire-in-morehead-city/
Pacific Basin to Add Supramax Trio
Pacific Basin is to expand its fleet with a further 3 secondhand Supramax vessels.
https://worldmaritimenews.com/archives/274995/pacific-basin-to-add-supramax-trio/
Pacific Basin Names, Takes Delivery of New Handy Bulker
Pacific Basin has held a naming and delivery ceremony for Iwagi Island, a Handysize bulker.