Pacific Basin Shipping is set to kick-start its growth strategy again after filing solid results for 2022.
The Hong Kong-listed bulker owner-operator said it will look to grow its fleet of supramax and ultramax bulk carriers and will renew its ageing handysize fleet.
It will accelerate the strategy “as asset prices allow further strategic investment” and intends to finance growth using cash from its balance sheet, which it called “dry powder for future growth”.
