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News and Achievements

2017

January

  • 4 newbuilding vessels delivered – ‘Isabela Island’, ‘Otago Bay’, ‘Cramond Island’ and ‘Key West’

February

  • Recommenced secondhand vessel acquisitions with purchase of 1 Supramax in Feb and 7 further vessels during the year
  • 1 secondhand vessel delivered – ‘Paqueta Island’

March

  • 2 newbuilding vessels delivered – ‘Incheon Bay’ and ‘Kodiak Island’
  • 1 secondhand vessel delivered – ‘Olympia Logger’

April

  • Marine Money Awards
    - Equity Follow-on’ Deal of the Year (for our US$151m rights issue)
    - Innovation’ Deal of the Year (for our issue of shares to satisfy operating lease obligations)
  • Delivery of our 7th newbuilding in 2017, completing our owned vessel newbuilding programme
  • Annual General Meeting

May

  • Pacific Basin’s Hong Kong headquarters relocates to One Island South in Wong Chuk Hang
  • 1 newbuilding vessel delivered – Osaka Bay’

June

  • Hong Kong Marine Department Award - Outstanding Performance in Port State Control Inspections in 2016
  • Seatrade Awards 2017 - CSR Award
  • Our 100th owned vessel ‘Osaka Bay’ takes HK Shipping Registry to 110 million GT
  • HKIRA Investor Relations Awards - Certificate of Excellence
  • 1 secondhand vessel delivered – ‘Shakespeare Bay’

July

  • Institutional Investor 2017 All-Asia Awards – (Transportation sector) Most Honored Company including: - Best CFO - Best Investor Relations Programme
  • 2017 Seatrade Awards - CSR Award
  • LACP 2016 Vision Awards - 2016 Online Report - Gold (Transportation & Logistics Sector)
  • First installation of ballast water treatment system on our owned ships

August

  • Combined share issue and share placement funds 5-ship acquisition
  • 1 secondhand vessel delivered – ‘Pelican Island’
  • PB is included in the Hang Seng Stock Connect Hong Kong Index (HSHKI)

September

  • Lloyd’s List Global Awards 2017 - Company of the Year
  • PB included in Shenzhen-Hong Kong Stock Connect programme
  • 2 secondhand vessels delivered – ‘Sharp Island’ and ‘Cooper Island’
  • Sale of our last tug concluded our exit from non-core towage activity

October

  • PB becomes TRACE certified for commitment to anti-bribery, responsible business practice, transparency and corporate governance

November

  • HKICPA Corporate Governance Awards 2017
    - Gold Award in Non-Hang Seng Index (Medium Market Cap) Category
  • Pacific Basin Soccer Sixes Tournament, HK
  • International Bulk Journal Awards 2017 - Safety Award
  • 1 secondhand vessel delivered – ‘Ipanema Beach’

December

  • The Asset Corporate Awards 2017
    - Platinum Award
    - Best Investor Relations Team Award
  • IR Magazine Awards - Greater China 2017
    - Certificate of Excellence
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