Pacific Basin Shipping Ltd 2011 AR2
The report highlights Pacific Basin's performance and strategic progress during the fiscal year 2011, marking its first steps toward integrated reporting. Despite challenging dry bulk market conditions, the company maintained a respectable performance, operating an average of 131 dry bulk ships and expanding its global chartering network with new offices in Stamford and Durban. The company's CSR initiatives were recognized with the Environment Award at the Lloyd's List Awards Global 2011, and Captain Zhu Qianchun was named Seafarer of the Year. Financially, the company recorded a net profit of US$32 million and maintained a strong balance sheet with US$618 million in cash and deposits.
Company: Pacific Basin Shipping Ltd
Sector: Industrials
Country: Hong Kong
Year: 2011
Type: AR2
Pages: 156
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Pacific Basin Shipping Ltd
Annual Report
The report highlights Pacific Basin's performance and strategic progress during the fiscal year 2011, marking its first steps toward integrated reporting. Despite challenging dry bulk market conditions, the company maintained a respectable performance, operating an average of 131 dry bulk ships and expanding its global chartering network with new offices in Stamford and Durban. The company's CSR initiatives were recognized with the Environment Award at the Lloyd's List Awards Global 2011, and Captain Zhu Qianchun was named Seafarer of the Year. Financially, the company recorded a net profit of US$32 million and maintained a strong balance sheet with US$618 million in cash and deposits.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees