Bulker owner-operator Pacific Basin Shipping has secured a second $250m revolving credit facility from a syndicate of banks ...

Two eastern Pacific storms, one now a hurricane, are roaming the Eastern Pacific basin as of Monday. AccuWeather hurricane experts say that one of them, named Barbara, will brush coastal Mexico ...

Martin Fruergaard, CEO dry bulk ship owner and operator Pacific Basin, says Hong Kong-listed firms have stopped committing to additional voyages through the Arabian gulf on security concerns. He ...

Welcome, ladies and gentlemen, and thank you for attending Pacific Basin's 2024 Annual Results Earnings Call. My name is Martin Fruergaard, CEO of Pacific Basin. Assuming that you have already ...

The Eastern Pacific 2025 hurricane season begins early with three named storms, while the Atlantic remains quiet. More development is expected soon.

By Megan Cheah Hong Kong-based conglomerate The Caravel Group has become the largest shareholder of maritime transport company Pacific Basin Shipping after purchasing its shares on the open market.

Having trouble finding a Pacific Rim - Equity fund? Fidelity Pacific Basin (FPBFX) is a potential starting point. FPBFX has a Zacks Mutual Fund Rank of 2 (Buy), which is based on various ...

While the Atlantic side continues to stay quiet in the tropics, The EastPAC remains active with its 5th straight named storm forming on Monday.

The largest and deepest of the world's ocean basins is the Pacific Ocean, covering approximately 63 million square miles. It's also considered the oldest of the world's ocean basins.

Harry Banga's Caravel Group is making waves in the dry bulk shipping worldwithout saying much. As of June 12, Caravel now owns over 672 million shares of Pacific Basin (PCFBY), pushing its stake ...

While the Atlantic basin remains quiet, two tropical storms formed over the weekend in the eastern Pacific. Hurricane Barbara becomes first hurricane of East Pacific season as NHC also keeps watch ...