Pacific Basin Shipping — Corporate Update (November 2024)

4 slides from Pacific Basin Shipping's corporate update, Nov 28, 2024

Slide 1: Ordering of Four Dual-Fuel Methanol Ultramax Low-Emission Vessels
FLEET GROWTH AND RENEWAL BP Pacific Basin ORDERING OF FOUR DUAL-FUEL METHANOL ULTRAMAX LOW-EMISSION VESSELS 28 NOVEMBER 2024
Slide 2: Order of four dual-fuel methanol Ultramax LEVs
▪ We have ordered a total of four 64,000 dwt dual-fuel methanol Ultramax Low- Emission Vessels (“LEVs”) from Japanese Partners following a two-year collaboration, two from Nihon Shipyard Co., Ltd. and two from Mitsui & Co., Ltd., for a consideration of US$46.5m each and for delivery in 2028-2029 We
Slide 3: Emissions reduction, financial values and future fuel sources
Reduce emissions and increase fuel efficiency Financial values ▪ Futureproof low-emissions capabilities: ▪ These larger and more fuel-efficient ships will provide significant fuel-savings ▪ Latest engine and vessel/hull designs with various energy saving devices, ▪ Dual-fuel (renewable fuel) capabil
Slide 4: Fleet growth and renewal strategy
1. Investment in newbuilding LEVs 2. Growth/renewal of our fleet by acquiring modern second-hand Handysize and Supramax/Ultramax vessels and selling our older and less efficient vessels 3. Modernise and optimise our existing vessels by investing in the latest green technologies (eg silicone paint) t