Pacific Basin Shipping

Pacific Basin posted a net profit of USD 105m in H1 2026 (up more than 300%) on revenue of USD 1.1bn (+9%). TCE income rose 20% to over USD 660m, with Handysize and Supramax rates significantly outperforming the spot market. The company returned about USD 106m to shareholders via dividends and buybacks, holds net cash of USD 157.2m and available committed liquidity of USD 673.6m. Management expects a stronger second half, sees buyback opportunities and has ordered 10 newbuilds; there are no short-term signs of rate softening. » Więcej na de.investing.com

Pacific Basin Shipping posted a strong balance sheet in 2025 despite operational declines, with a net profit of USD 58.2 million, EBITDA of USD 263.1 million and a total shareholder return of 46%. The company reports high liquidity, operating cash flow of USD 229 million and a fleet market value that exceeds book value by USD 360 million, and announces a final dividend of 6 Hong Kong cents per share. For 2025/2026 Pacific Basin forecasts EPS of USD 0.02, expects rising revenues and plans fleet expansions through 2028; geopolitical tensions and freight-rate volatility remain the main risks. » Więcej na de.investing.com

Pacific Basin published a trading update for Q3 2025 with mixed TCE results: Handysize $11,600/day (−15% y/y) and Supramax $13,410/day (+10% y/y) with an operating margin of $750/day. The company has secured 2025 utilization of 72% (Handysize) and 87% (Supramax), but expects only modest trade growth for 2025–26 and sees opportunities from potential increased scrapping of older vessels. Pacific Basin is speeding up fleet renewal, ordering low‑emission dual‑fuel methanol ultramaxes, shifting leadership to Singapore and has executed about 65% of its $40 million buyback program; liquidity remained solid at $549.9 million. Management is cautiously optimistic despite market volatility and views regulatory changes (IMO) as a driver of long‑term supply discipline. » Więcej na de.investing.com