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.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
CMA CGM expects sharp decline in freight rates
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.
Lauritzen Bulkers criticizes new climate clause for favoring shipowners
CII: Lauritzen Bulkers opposes a new legal clause placing responsibility for the upcoming CII regulation with operators. CEO doubts the clause will be put to much use, though.
Shipping analyst: Container market is experiencing a "hard landing"
The pace of declines in rates on the container market’s Asia-Northern Europe routes has increased, the WCI index shows. Shipping analyst Lars Jensen describes this as a ”hard landing” for the market.
Nigeria wants to prosecute Danish soldiers in pirate case
Nigeria’s foreign ministry demands the possibility of prosecuting the Danish soldiers involved in the exchange of fire with alleged pirates in the Gulf of Guinea in November last year.
Media: South Korea engaged in conversations about selling parts of HMM
South Korea is talking to several potential buyers of a stake in the state’s ownership of major container liner HMM, according to a media outlet, which also names said buyers.
Head of Offshore Foundations Projects - offshore wind farm construction 
Transition Analyst 
Head of Sales and Marketing 
Payroll Controller 
Trader 
Accountant - Creditor and Payment. Nordhavn, Copenhagen 
Crew Manager