Pacific Basin Shipping Ltd (FRA:OYD)
€ 0.236 -0.0008 (-0.34%) Market Cap: 1.29 Bil Enterprise Value: 1.37 Bil PE Ratio: 17.17 PB Ratio: 0.77 GF Score: 82/100

Q1 2021 Pacific Basin Shipping Ltd Trading Statement Call Transcript

Apr 13, 2021 / NTS GMT
Release Date Price: €0.218 (-0.91%)
Operator

Welcome to today's Pacific Basin 2021, Quarter 1 Trading Results Update Conference Call. I am pleased to present Chief Executive Officer, Mr. Mats Berglund; and Chief Financial Officer, Mr. Peter Schulz. (Operator Instructions) Mr. Berglund, please begin.

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

Thank you very much, and welcome, everyone, for joining us today. So my name is Mats Berglund. I'm the CEO of the company. And with me here is Peter Schulz available also to answer any questions you may have. Please turn to Slide 2. And this slide shows our core fleet TCE earnings with the Handysize earnings to the left and the Supramax earnings to the right.

And you can see very clearly, that the positive trend continues since the low first half of 2020. Things have been steadily improving. In the first quarter, we made $10,950 per day on our Handysize ships, and we have 77% of our days in Q2 covered at $16,100 per day. On our Supramaxes, we made $14,630 per day in the first quarter. And we have 79% of our Supramax days

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