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

Q3 2023 Pacific Basin Shipping Ltd Trading Statement Call Transcript

Oct 12, 2023 / 10:00AM GMT
Release Date Price: €0.253 (-0.24%)
Operator

Welcome to today's Pacific Basin 2023 Third Quarter Trading Update Conference Call. I am pleased to present Chief Executive Officer, Mr. Martin Fruergaard and Chief Financial Officer, Mr. Michael Jorgensen. (Operator Instructions) Mr. Fruergaard, please begin.

Martin Fruergaard
Pacific Basin Shipping Limited - CEO & Executive Director

Yes. Thank you. Welcome, ladies and gentlemen, and thank you for attending Pacific Basin's third quarter trading update. My name is Martin Fruergaard, CEO of Pacific Basin, and I'm pleased to have our CFO, Michael Jorgensen, with me today. Assuming that you have already gone through the presentation, I will briefly highlight some of the key points discussed in it, before we proceed with the Q&A session. Please turn to Slide 3.

During the third quarter of 2023, there was a seasonal improvement in the market trade rates for Handysize and Supramax. Rates increased strongly from the middle of August and continued through September, ending the period at $10,558 and $13,339 net per day for Handysize and Supramax,

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