Pacific Basin Denies Reports on Handy Bulker Purchase

Business & Finance

Hong Kong-based owner and operator Pacific Basin Shipping has refuted reports which inform that the company acquired two bulkers from Clipper Group.

Data provided by VesselsValue have linked the Handysize and Supramax dry bulk owner to the purchase of the Handy bulker duo, namely Clipper Panorama and Clipper Selo.

Data suggested that the 32,400 dwt ships were purchased for some USD 10.1 million each.

However, a representative of the shipping firm told World Maritime News that “Pacific Basin is not connected to the acquisition of these ships.”

Clipper Group did not want to comment on the reported sale.

Pacific Basin Shipping operates a fleet of over 250 vessels, including 106 owned ships.

The owned fleet is composed of 80 Handymaxes, 25 Supramaxes and one Post-Panamax ship, including newbuildings, based on the information provided on the company’s website.

World Maritime News Staff