Pacific Basin stated : “These vessels are modern and of high quality with designs suitable for the company’s operations,”

seatrade-global Wednesday, September 18, 2019 5:33:00 AM EAT

Pacific Basin explained : “Upon delivery of the chartered vessels from their respective sellers, such long term time-charter agreements will be terminated and the chartered vessels will become part of the group’s owned fleet. As such, the purchase of these chartered vessels will eliminate long term time-charter costs and replace them with significantly lower owned vessel cash costs, hence benefiting the group’s operating cash flow,”

seatrade-global Wednesday, September 18, 2019 5:33:00 AM EAT

Pacific Basin noted ( about Swine Fever ) : “We expect to see seasonally stronger freight market conditions in the second half of 2019, although with continued volatility influenced by further uncertainty about the US-China trade war, slower economic growth than in recent years and the impact of African Swine Fever on soybean imports to China,”

worldmaritimenews Monday, August 5, 2019 9:35:00 AM EAT

Pacific Basin stated : “While supply and demand factors remain uncertain, the dry bulk market is recovering and the board considers that these vessels can be purchased at attractive prices and that they will be beneficially employed within the group’s fleet for the long term after they are delivered,”

seatrade-global Thursday, August 3, 2017 4:38:00 AM EAT

Pacific Basin said : “The secondhand handysize vessel to be acquired is currently chartered and operated by the group under a long term chater agreed in 2010 and expiring in 2021, which will be terminated upon its delivery, and the vessel will become part of the owned fleet of the group,” “Four of the five vessels are supramaxes allowing the company to increase its relatively low proportion of owned versus chartered in supramax vessels”

seatrade-global Thursday, August 3, 2017 4:38:00 AM EAT

Pacific Basin stated : “These vessels are modern and of high quality with designs suitable for the company’s operations,”

seatrade-global Wednesday, September 18, 2019 5:33:00 AM EAT

Pacific Basin explained : “Upon delivery of the chartered vessels from their respective sellers, such long term time-charter agreements will be terminated and the chartered vessels will become part of the group’s owned fleet. As such, the purchase of these chartered vessels will eliminate long term time-charter costs and replace them with significantly lower owned vessel cash costs, hence benefiting the group’s operating cash flow,”

seatrade-global Wednesday, September 18, 2019 5:33:00 AM EAT

Pacific Basin noted ( about Swine Fever ) : “We expect to see seasonally stronger freight market conditions in the second half of 2019, although with continued volatility influenced by further uncertainty about the US-China trade war, slower economic growth than in recent years and the impact of African Swine Fever on soybean imports to China,”

worldmaritimenews Monday, August 5, 2019 9:35:00 AM EAT

Pacific Basin stated : “While supply and demand factors remain uncertain, the dry bulk market is recovering and the board considers that these vessels can be purchased at attractive prices and that they will be beneficially employed within the group’s fleet for the long term after they are delivered,”

seatrade-global Thursday, August 3, 2017 4:38:00 AM EAT

Pacific Basin said : “The secondhand handysize vessel to be acquired is currently chartered and operated by the group under a long term chater agreed in 2010 and expiring in 2021, which will be terminated upon its delivery, and the vessel will become part of the owned fleet of the group,” “Four of the five vessels are supramaxes allowing the company to increase its relatively low proportion of owned versus chartered in supramax vessels”

seatrade-global Thursday, August 3, 2017 4:38:00 AM EAT