Expanding PBS will not privatise
Pacific Basin Shipping is on course to take delivery of the first of six ro-ro vessels in August as the Hong Kong-listed bulker operator remains committed to its newbuilding program.
In an interview with Lloyd's List , chief executive Richard Hext said the vessel had been fixed for trading in Europe.
The ship is one of two newbuilding resale positions the firm acquired in February last year from New Paragon...
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