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Pacific Basin bets on major recovery following virus outbreak

Dry bulk carrier Pacific Basin expects a major recovery on the bulk market once the coronavirus is contained. CEO is confident in China but acknowledges that it will require patience. He says the shipping line has taken precautionary measures at its headquarters in Hong Kong.

Photo: Ardmore

One of the world's largest dry bulk shipping companies, Hong Kong-based Pacific Basin, is starting to think about what comes after the coronavirus.

From its headquarters in Hong Kong, the bulk carrier's Chief Executive Mats Berglund assesses that the situation has largely remained under control in Hong Kong, and that Mainland China may be past the worst of it.

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