Dry CargoGreater China

Pacific Basin snaps up Japanese handy bulker

Hong Kong owner Pacific Basin has added a Japanese-built handysize bulker to its fleet according to brokers.

Clarksons, Seasure Shipbroking and Advanced Shipping & Trading are all reporting Pacific Basin as the buyer of 2014-built (Imabari) handysize Nereus Island.

The company has paid $21m to Japan’s Yahata Kisen for the ship, which has a value of $20.29m according to VesselsValue.

Pacific Basin currently owns a fleet of 117 vessels according to the company’s website, with an operating fleet of 270 vessels with chartered-in ships included.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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