日本海事新聞ニュース Japan Maritime Daily Apr 26, 2024 (Fri)

Pacific Basin Shipping’s fleet expands to 320 vessels, the largest ever

CEO Fruergaard

　Martin Fruergaard, CEO (Chief Executive Officer) of Pacific Basin Shipping (PB), a major Hong Kong- ・・・ 続きはログインして下さいnext %E3%80%80Martin+Fruergaard%2C+CEO+%28Chief+Executive+Officer%29+of+%3Cb%3EPacific+Basin%3C%2Fb%3E+Shipping+%28PB%29%2C+a+major+Hong+Kong-based+dry+bulk+carrier+company%2C+spoke+to+the+Japan+Maritime+Daily+and+other+media+in+Tokyo+on+April+25.+He+revealed+that+the+company%E2%80%99s+operating+fleet+of+small+and+medium-sized+bulkers+has+expanded+to+320+vessels%2C+the+largest+ever.+Following+the+favorable+financial+results+in+2021-2022%2C+the+company+has+made+progress+in+repaying+interest-bearing+debt.+As+a+result%2C+the+number+of+debt-free+ships+whose+construction+funds+have+been+repaid+has+increased+to+just+over+65.+This+is+the+source+of+the+company%E2%80%99s+competitiveness.+%3Cbr%3E%E3%80%80Director+Daigoro+Oyama+was+also+present+during+the+interview+and+provided+additional+information.+%3Cbr%3E%E3%80%80PB+specializes+in+dry+bulk+carriers%2C+particularly+in+small+and+medium-sized+bulkers+in+the+30%2C000-60%2C000+dwt+class%2C+and+provides+transportation+services+for+various+dry+bulk+cargoes+such+as+iron+ore%2C+coal%2C+grain%2C+lumber%2C+and+non-ferrous+metals.+%3Cbr%3E%E3%80%80The+current+operating+fleet+has+approximately+320+vessels.+The+breakdown+is+145+core+fleet+vessels+%28company-owned+vessels+and+long-term+charter+vessels%29+and+178+short-term+charter+vessels.+By+actively+capturing+the+transportation+demand+of+shippers%2C+the+company%E2%80%99s+operating+fleet+has+expanded+significantly+from+240+vessels+a+year+ago.+%3Cbr%3E%E3%80%80The+company+has+deep+ties+with+Japanese+shipyards+and+shipowners%2C+with+more+than+90%25+of+its+core+fleet+being+made+up+of+ships+built+in+Japan.+%E2%80%9CWe+will+continue+to+provide+safe+and+high-quality+transport+services%2C+centered+on+Japanese-built+ships+with+excellent+environmental+performance%2C%E2%80%9C+said+Fruergaard.+%3Cbr%3E%E3%80%80The+dry+bulk+shipping+market+reached+its+highest+level+in+10+years+in+2021+and+2022%2C+mainly+due+to+logistics+disruptions+caused+by+the+coronavirus+pandemic.+PB+also+benefited+from+the+rising+market+conditions%2C+resulting+in+historic%2C+favorable+financial+results.+%3Cbr%3E%E3%80%80As+there+was+an+increase+in+profits%2C+PB+promoted+investment+in+advanced+secondhand+vessels.+The+company+moved+ahead+with+replacing+its+older+Handysize+vessels+with+newer+Supramax+and+Ultramax+vessels.+In+order+to+strengthen+its+financial+base%2C+the+company+also+sought+to+reduce+its+interest-bearing+debt.+%3Cbr%3E%E3%80%80As+a+result%2C+of+the+company%E2%80%99s+114+ships%2C+just+over+65+are+debt-free.+These+cost-competitive+company-owned+vessels+supported+profits+during+the+difficult+market+downturn+in+2023.+%3Cbr%3E%E3%80%80PB+will+also+buy+back+its+own+shares.+%E2%80%9COur+current+share+price+is+below+our+intrinsic+value%2C+and+we+have+decided+that+this+is+an+opportune+time+to+buy+back+our+own+shares%2C%E2%80%9C+said+Fruergaard.+The+buyback+program+will+be+capped+at+%2440+million+and+run+until+the+end+of+2024.+%3Cbr%3E%E3%80%80The+company+has+sales+offices+in+11+locations+around+the+world%2C+allowing+it+to+operate+close+to+shippers+and+quickly+gather+information+about+customer+needs%2C+which+is+another+strength+of+the+company.+Recently%2C+the+company+decided+to+establish+a+sales+base+in+Singapore.+%3Cbr%3E%E3%80%80%E2%80%9CMany+shippers+and+other+related+parties+are+in+Singapore.+We+will+further+strengthen+our+relationships+with+shippers+in+the+country%2C%E2%80%9C+said+Fruergaard.+%3Cbr%3E%E3%80%80In+order+to+reduce+the+environmental+impact+of+maritime+transport+services%2C+PB+is+currently+working+on+a+zero-emission+ship+development+project+with+Nihon+Shipyard+%28NSY%29+and+MITSUI+%26+CO.%2C+LTD.+%3Cbr%3E%E3%80%80Methanol+is+expected+to+be+the+fuel+for+the+first+generation+of+zero-emission+ships.+%E2%80%9CTaking+into+account+the+constraints+on+ship+design+and+the+progress+of+technological+development+in+areas+such+as+engines%2C+methanol+is+the+best+option%2C%E2%80%9C+Fruergaard+says.+%3Cbr%3E%E3%80%80Regarding+the+timing+of+ordering+zero-emission+ships%2C+he+said%2C+%E2%80%9CShip+prices+are+rising+significantly%2C+and+procuring+green+methanol+will+also+be+an+issue.+Investment+decisions+are+difficult%2C+but+we+would+like+to+place+an+order+by+the+end+of+the+year+and+aim+to+have+the+ship+in+service+around+2027+or+2028.%E2%80%9C+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E

Pベイスン、船隊 過去最大320隻。デットフリー65隻強

2024/04/26(金)

日本海事新聞 JMD

関連記事ニュース Related news