Pacific Basin tripled its deficit in 2016
The deficit grew in 2016 for Hong Kong-based dry bulk carrier Pacific Basin, which took a hit from all-time low rates. The carrier has raised fresh capital to pad itself for a 2017 which also looks set to be difficult.
The all-time low dry bulk market in 2016 made Pacific Basin's deficit grow considerably.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Strong harvest boosts Pacific Basin in third quarter
For subscribers
Pacific Basin swaps shares for lower charter rates
For subscribers
Drewry: Enormous potential in dry bulk shares
For subscribers