ShippingWatch

Pacific Basin tripled its deficit in 2016

The deficit grew in 2016 for Hong Kong-based dry bulk carrier Pacific Basin, which took a hit from all-time low rates. The carrier has raised fresh capital to pad itself for a 2017 which also looks set to be difficult.

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us free for 14 days

Get 14 days free trial access

Frontpage right now

Clipper sailing at rates that incite fresh optimism

"For the first time in a long time, rates are at a level, which might tempt some to order new vessels, but it will not be us," CEO of Clipper Group, Peter Norborg, tells ShippingWatch. One commodity in particular is critical for the company's progress.

Norwegian shipping investor debuts in dry bulk

Founder of rig company Borr Drilling, Tor Olav Trøim, is now targeting dry bulk with the company 2020 Bulkers. The plan is to list the company on the minor OTC stock exchange, reports local media Finansavisen.

Latest Bulk

Related articles

Latest news

Jobs

See all

See all