Pacific Basin's 2013 result dives to a small profit

One of the world's largest dry bulk carriers, Hong Kong-based Pacific Basin, saw its 2013 result drop to one third of the previous year's profit. The weakest dry bulk market since 1986 carries part of the blame.

BY TOMAS KRISTIANSEN

The perhaps most important indicator for the dry bulk market, Hong Kong-based Pacific Basin, was left with a 2013 result amounting to less than one third of the result from the previous year.

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