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Pacific Basin takes small hit from COVID-19

Pacific Basin Shipping Ltd, one of the world’s leading dry bulk shipping companies, has recently announced unaudited condensed consolidated results of the company and its subsidiaries for the 6 months ended 30 June 2020.

 

BIMCO releases report on the smaller dry bulk segments

BIMCO has recently released a report on how the fundamental balance will continue to deteriorate in 2020, offering little support to operators hoping to pass on higher fuel costs, caused by the sulfur cap, to shippers.