Pacific Basin pulls plug on secondhand acquisitions
The Hong Kong-based owner of small to mid-sized bulkers has put a halt to any secondhand sales and purchase deals as it expects weak spot rates to negatively impact its second-quarter earnings
Company expects a rebound in economic activity and dry bulk trade flows once the coronavirus pandemic recedes and significant financial stimulus is implemented by various governments
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: