Pacific Basin Accelerates Structural Reform to Avoid USTR 301 Measures パシフィック・ベイスン、USTR301回避へ構造改革加速

Hedging Risks Through Shift to Singapore; Advances TCE Recovery and Fleet Renewal Strategy in Q3

シンガポール化でリスクヘッジ　7-9月期TCE回復と船隊更新戦略を進める

Hong Kong-based major handysize bulker operator Pacific Basin (PB) is undertaking a fundamental review of its operational and ownership structure in response to the enforcement of the Section 301 port fee rules by the Office of the United States Trade Representative (USTR) and the corresponding countermeasures by China, both of which took effect on 14 October.

Key Points of the Article

→ PB aims to avoid the application of the “25% rule” imposed by both the United States and China by consolidating registration and control rights in Singapore, relocating strategic functions to the country, and restructuring the composition of its board of directors.

→ In PB’s Q3 (July–September) financial results, TCE earnings improved on the back of a market recovery, while long-term charters from Japanese shipowners and the deployment of newbuildings are also supporting its business foundations.

“You can read the rest of the article in both English and Japanese.” (The remainder is available in a full text written in both English and Japanese.)

Image Credit by Pacific Basin

パシフィック・ベイスン、USTR301回避へ構造改革加速　シンガポール化でリスクヘッジ　7-9月期TCE回復と船隊更新戦略を進める

　香港系ハンディバルカー大手パシフィック・ベイスン（PB）が、米国通商代表部（USTR）によるセクション301港湾料金規則と、中国側の対抗措置の発効（10月14日）を契機に、運航・所有構造の抜本的見直しを進めている。

この記事のポイント

→PBは籍・支配権のシンガポール集約、戦略機能の同国移転、取締役会構成の再編によって、米中双方の「25％ルール」適用回避を図る。

→PBの7-9月期決算ではTCE収益が市況回復を背景に改善し、日本船主からの長期チャーターや新造船投入も事業基盤を支えている。

“You can read the rest of the article in both English and Japanese.”（続きは英語と日本語で書かれた本文でお読みください）