Pacific Basin expects losses on hefty impairments
Hong Kong-based bulker owner Pacific Basin expects to record a loss in the first half following impairments totalling $198m related to its smaller, older handysize fleet, according to an internal review. Actual results will be released on July 30
The company expects a net loss of $212m to $227m in the first half of the year versus a profit of $8m in the year-earlier period
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: