Annual Report

The report describes Pacific Basin's response to the Covid-19 crew-change crisis, including efforts to repatriate seafarers and support their health and wellbeing. It reports 2020 revenue of US$1,470,932 thousand and a significant annual loss driven largely by fleet impairments. Sustainability governance was strengthened through Board oversight, Audit Committee review and a Sustainability Management Committee. The report also discloses new environmental KPI targets and the use of the Integrated Reporting Framework.