The first six months of 2022 has generated Pacific Basin Shipping’s best-ever interim result, mostly on the back of earnings generated by its supramax bulkers.

The Hong Kong-headquartered company celebrated the news by declaring a special dividend of HKD 0.17 ($0.02) per share, on top of its interim dividend of HKD 0.35.

The bulker owner-operator recorded net profit before tax of $466m during the first six months of 2022, up from nearly $161m in the same period last year.