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Home Icon > About Us > News > Pacific Basin signals impairment of $198m on handysize fleet

Pacific Basin signals impairment of $198m on handysize fleet

Hong Kong’s biggest shipowner, Pacific Basin, has issued a warning to shareholders and potential investors that due to the softness in the dry bulk market the company is expecting a one-off impairment of $198m on its handysize fleet to be reflected in its next set of earnings. The impairment will drive the company to a …

WP_Post Object ( [ID] => 226785 [post_author] => 74 [post_date] => 2020-07-05 23:57:39 [post_date_gmt] => 2020-07-05 23:57:39 [post_content] =>

Hong Kong’s biggest shipowner, Pacific Basin, has issued a warning to shareholders and potential investors that due to the softness in the dry bulk market the company is expecting a one-off impairment of $198m on its handysize fleet to be reflected in its next set of earnings. The impairment will drive the company to a …

[post_title] => Pacific Basin signals impairment of $198m on handysize fleet [post_excerpt] => Hong Kong’s biggest shipowner, Pacific Basin, has issued a warning to shareholders and potential investors that due to the softness in the dry bulk market the company is expecting a one-off impairment of $198m on its handysize fleet to be reflected in ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => pacific-basin-signals-impairment-of-198m-on-handysize-fleet [to_ping] => [pinged] => [post_modified] => 2020-07-06 04:57:39 [post_modified_gmt] => 2020-07-06 04:57:39 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=123474 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )