Pacific Basin Shipping Ltd (STU:OYD)
€ 0.2201 0.0095 (4.51%) Market Cap: 1.21 Bil Enterprise Value: 1.29 Bil PE Ratio: 16.08 PB Ratio: 0.72 GF Score: 53/100

Full Year 2020 Pacific Basin Shipping Ltd Earnings Call Transcript

Feb 25, 2021 / 09:30AM GMT
Release Date Price: €0.184 (+6.36%)
Operator

Welcome to today's Pacific Basin 2020 Annual Results Announcement Call. I'm pleased to present Chief Executive Officer, Mr. Mats Berglund, for the first part of this call. (Operator Instructions)

Mr. Berglund, please begin.

Mats Henrik Berglund
Pacific Basin Shipping Limited - CEO & Executive Director

Thank you very much, and welcome, ladies and gentlemen, and thank you for attending Pacific Basin's 2020 Annual Results Earnings Call. My name is Mats Berglund, CEO of Pacific Basin; and I am joined by our CFO, Peter Schulz.

Please turn to Slide 3. This is, obviously, a 2020 results presentation, but as you can imagine, it's a lot more fun to talk about 2021, and you can understand why when looking at the graphs on this slide. We will get back to this later.

2020 was a year of 2 very different halves for dry bulk shipping. Measures to contain the COVID outbreak initially in China and then elsewhere around the world severely impacted the dry bulk market in the first half, driving Handysize and Supramax index rates down to their

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot