Pacific Basin Shipping Limited (2343.HK)

2.700 -0.010 (-0.37%) At close: 04:08PM HKT

Pacific Basin Shipping Limited

One Island South
31st Floor 2 Heung Yip Road
Wong Chuk Hang
Hong Kong
852 2233 7000
https://www.pacificbasin.com

Sector(s): Industrials
Industry: Marine Shipping
Full-time employees: 5,489

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Martin Fruergaard	CEO & Executive Director	12.91M	N/A	1968
Mr. Michael Tonnes Jorgensen	Chief Financial Officer	N/A	N/A	1966
Karin Mak	Director of Accounting	N/A	N/A	N/A
Mr. P. B. Subbiah	Director of Human Resources & Administration	N/A	N/A	N/A
Mr. Peter Budd	Head of Investor Relations & Corporate Communication	N/A	N/A	N/A
Xiu Cheng	General Manager of Insurance & Legal	N/A	N/A	N/A
Daigoro Oyama	Director of Sale & Purchase	N/A	N/A	N/A
Mr. Mark Hardy	Head of Sustainability	N/A	N/A	N/A
Mr. Morten H. Ingebrigtsen	Director of Asset Management	N/A	N/A	1962
Captain Suresh Prabhakar	Director of Operations	N/A	N/A	1957

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, and ship agency and management services. In addition, the company is involved in the vessel owning and chartering, and convertible bonds issuing activities. It has a fleet of 266 owned and chartered vessels, including 121 Handysize, 1 Capesize, and 144 Supramax/Ultramax vessels. The company was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.

Corporate governance

Pacific Basin Shipping Limited’s ISS governance QualityScore as of 1 April 2024 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 4; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.