AsiaDry Cargo

‘The next 12 months are about survival’: Pioneer’s Khanna on Splash TV

A recent cover star of Maritime CEO magazine, Pankaj Khanna, CEO of Singapore-based Pioneer Marine, is the latest shipowner to feature on Splash TV.

The handysize operator warns: “The next 12 months are about survival.”

Describing the current dry bulk environment as “challenging”, Khanna observes that freight rates are still lower than operating costs.

“Cooperation and support of the banks is the most important at this time,” Khanna says.

In maybe one year’s time, Khanna says Pioneer will look to take advantage of low vessel prices to expand the fleet.

 

Splash

Splash is Asia Shipping Media’s flagship title offering timely, informed and global news from the maritime industry 24/7.
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