Pacific Basin

Pacific Basin (PB) was founded in 1987 on the belief that the growing economies of the Asia/Pacific region would create a strong demand for handy-size bulk carriers between 20,000 and 35,000 dwt in size.

In addition to its regular operations, PB is particularly active in the sale and purchase of secondhand vessels. According to its management, ships are a commodity whose trade could produce the short term result of maximizing the shareholders’ wealth. PB, however, through its S&P activities, achieves yet another objective: the ownership of modern vessels that better serve its clients’ (charterers) interests.

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