A little less than a month ago, former CEO of Ultragas Martin Fruergaard had his first day at the Hong Kong-based dry bulk operator Pacific Basin, but so far most of the work has concerned meeting the employees and taking over the reins of the business from Mats Berglund, who has helmed the company for many years.
Today, Fruergaard presented the key points in a strategy aimed at moving the carrier forward at a time when the dry bulk market has recovered in a historic upturn after a decade of economic struggles for many operators.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from ShippingWatch
August represented a historic low point for container carriers' schedule reliability. Only three out of ten container vessels – or 33.6 percent – managed to deliver goods on time, according to new figures from Sea-Intelligence. Reliability hasn't been lower in the ten years the analyst firm has monitored reliability.