14/01/2015at 10:40

Pacific Basin performs USD 132 million impairment

Dry bulk carrier Pacific Basin warns of a significant impairment on charter and bunker contracts in the carrier's annual report next month.

BY OLE ANDERSEN

Dry bulk carrier Pacific Basin, listed on the Hong Kong Stock Exchange, will perform a USD 132 million impairment in the carrier's annual report 2014, expected published on February 26th, says Pacific Basin in a profit warning on Wednesday.

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Pacific Basin performs USD 132 million impairment

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Related articles:

These are the dry bulk losers entering 2015

Deep bulk crisis forces Lauritzen to impair USD 160 million

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Front page now

Shipping could become one of the first victims in armed conflict over Taiwan

Maersk has called off the most voyages after drop in demand

Bulk operators are optimistic: "All trends are positive in China right now"

Stolt Tankers acquires new ships for Caribbean routes

Maersk reveals design of its new sustainable vessel

Methanol could become the preferred fuel for new vessels already in 2023

Further reading

Methanol could become the preferred fuel for new vessels already in 2023

Maersk chair had nothing to do with carrier divestment due to double role

DSV chairman downplays interest in DB Schenker: "It's not as simple as just buying another company"

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