Login
Pacific Basin 2.jpg
Photo: Pacific Basin

Pacific Basin CFO will step down in 2017

Bulk:

Hong Kong-based dry bulk carrier Pacific Basin will be hiring a new CFO before the end of 2017. Andrew Broomhead, who currently services as chief financial officer, has announced his departure.


BY DANIEL LOGAN BERG-MUNCH
Published 09.01.17 at 14:02

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Bulk

Ultrabulk delivers yet another profit for 2016

Per Lange.JPG Bulk:

Chilean-owned but Denmark-based Ultrabulk can, unlike many of its competitors, present yet another profit in its books for 2016. Speaking to ShippingWatch, CEO Per Lange describes 2017 as a year which showed several positive trends for dry bulk.

Western Bulk-owner Kistefos pays dividends despite huge deficit

Bulk:

Kistefos, owned by Norwegian billionaire Christen Sveaas, has paid dividends of NOK 200 million despite a deficit of almost NOK 800 million last year, reports Dagens Næringsliv.

Drewry: Sentiment driving dry bulk recovery

Bulk:

The recent large price hikes in dry bulk carriers' shares are now driven more by sentiment than by a series of fundamental conditions in the sector, says Drewry.

Western Bulk Chartering: We are up and flying again

Bulk:

The controversial restructuring, including the separation of Western Bulk Chartering, in 2016 was "very painful and unfortunate," Jens Ismar, CEO of the Norwegian dry bulk carrier, tells ShippingWatch. He does not rule out new downturns in the market.

Arkon Shipping bags capital from new major shareholder

Bulk:

Logistics group Rhenus has bought 40 percent of German shortsea and MPP carrier Arkon Shipping, and the two are establishing a joint investment unit.

Clarksons Platou more optimistic about dry bulk

Bulk:

Clarksons Platou expects more stable rates and gradually growing confidence in the dry bulk market. The firm thus says 'buy' to dry bulk shares rather than viewing the shares as candidates for selling.

Current front page

Hapag-Lloyd: 2016 was "not satisfactory"

rolfhabbenjansen.jpg Container:

"The bottom line is still that this result is not satisfactory," says Rolf Habben Jansen, CEO of Hapag-Lloyd, which has just published its report for last year. 2017 also saw a tough start for the carrier.

Ultrabulk delivers yet another profit for 2016

Bulk:

Chilean-owned but Denmark-based Ultrabulk can, unlike many of its competitors, present yet another profit in its books for 2016. Speaking to ShippingWatch, CEO Per Lange describes 2017 as a year which showed several positive trends for dry bulk.

Wilbur Ross' ownership of Diamond S under scrutiny

Tanker:

Several critical observers question US Secretary of Commerce Wilbur Ross' continued ownership of product tanker carrier Diamond S Shipping. The carrier's ties to China in particular are being criticized by ethics experts who point to possible conflicts of interest.

Arkon Shipping bags capital from new major shareholder

Bulk:

Logistics group Rhenus has bought 40 percent of German shortsea and MPP carrier Arkon Shipping, and the two are establishing a joint investment unit.

Svitzer's growth in Asia lower than expected

Carriers:

Things have not moved quite as fast in Asia as expected since Svitzer opened office in Singapore in early 2016. The strategy in the region will change when the new overall strategy for Svitzer is settled in the second quarter this year, Managing Director Alan Bradley tells ShippingWatch.

Norwegian offshore carriers finalize merger deal

Offshore:

The merger between Solstad, Farstad, and Deep Sea Supply has now been signed by the three carriers' boards of directors. The new offshore behemoth is thus a step closer to becoming a reality.

ADVERTISEMENT

Vacancies

ADVERTISEMENT