Ambition

Pacific Basin is in it for the long haul – valuing long-term relationships over short-term gains with our customers, suppliers, investors, finance providers, regulators, local communities and other networks. Leveraging our scale and influence in the dry bulk industry, we seek to promote a responsible, ethical, inclusive and resilient global marketplace by working together with our stakeholders.

Commitment to

Serving our customers

We strive to deliver to our customers a class-leading, personalised, flexible, responsive and reliable service. We wish to make sustainability an opportunity for differentiation, such as by engaging and collaborating with our customers to decarbonise their supply chains.

Serving society and sustainable trade

We move diverse and essential commodities that support the global economy and sustainable development. We are discerning with our suppliers, service providers, ports, cargoes and customers – managing our exposure to risky, controversial and destructive trades.

Serving our stakeholders

We recognise our obligations and respond to the interests of our stakeholder networks – our investors, shipping industry organisations, regulating bodies, jurisdictions in which we operate, the seafarer community and the wider global supply chain.

Customers

We strive to be the partner of choice for customers in our segment. We try to deliver bestin-class service and performance, and our customer-focused business model has driven customer engagement and service at a local level, solid service reliability, enhanced customer satisfaction and an excellent reputation globally.

We consider diligently and respond quickly to our customers’ enquiries, cargo contract tenders, operational queries, opinions requests and complaints. Our global office network positions us close to our customers, enabling direct and frequent engagement, a clear understanding of their needs and localised customer support. Having a large, modern, uniform fleet and comprehensive in-house technical operations enhances our ability to deliver high-quality and reliable service.

We regularly engage with our customers through surveys and telephone and face-to-face contact to gather their views and expectations about our performance. This enables us to understand where we do well, where we do less well, and how we can further improve our service quality and enhance our competitiveness.

Seafarers

We are one of the largest foreign employers of Filipino and Chinese crew and a significant employer of Indian crew and Ukrainian officers. We invest in recruitment activities and training programmes in Dalian, Manila, Hong Kong and Mumbai. Our community initiatives and financial donations are mainly focused on seafarer welfare causes.

Ports

Our ships trade globally and our crew and ships are considered ambassadors for Pacific Basin wherever they sail, so we inspire them to:

• strictly abide by requirements under applicable environmental law so as to minimise our impact on the cities, towns, ports and shorelines we visit;
• show skilful seamanship and act professionally in the way they conduct their ships’ business;
• be respectful law-abiding visitors, to show warm hospitality towards visitors on board, and to be in every way becoming of Pacific Basin personnel; and
• establish and maintain good relations with port authorities, agents and other stakeholders in the places we visit.

Hong Kong

We take an active role in Hong Kong where we are headquartered, listed and where our owned dry bulk fleet is flagged. We are members of the Hong Kong Shipowners Association executive committee and Hong Kong Fleet Operations Advisory Committee. We also support various maritime and others causes in Hong Kong.

The Shipping and Marine Industry

We are active contributors within the shipping community and have a voice in the international dialogue with legislators and other parties on topical issues and future legislation in our industry. Pacific Basin and its senior management ensure our regular engagement with the shipping industry and relevant governmental and regulatory bodies through membership of organisations such as:

• International Association of Dry Cargo Shipowners (Intercargo);
• The Baltic and International Maritime Council (BIMCO);
• The Baltic Exchange;
• Executive Committee of the Hong Kong Shipowners Association, an influential organisation within the International Chamber of Shipping and the International Maritime Organization (IMO)
• Sub committees of the Hong Kong Shipowners Association, such as the Marine Sub Committee and the Maritime Education and Training Sub Committee
• Hong Kong Fleet Operations Advisory Committee
• Women's International Shipping & Trading Association ("WISTA") New Zealand General Committee
• ClassNK Technical Committees
• American Bureau of Shipping Marine Technical Committee and Greater China Committee
• DNV Hong Kong Machinery Group and Greater China Committee
• ClassNK Hong Kong Owners Committee
• Maritime Anti-Corruption Network
• Getting to Zero Coalition

Tackling Our Community Responsibilities

We seek to ensure that the interests of the community are represented within Pacific Basin and vice versa, which we achieve by:

• Maintaining regular engagement with stakeholders and organisations connected to the shipping industry and the places and jurisdictions in which we operate.
• Ensuring we comply with the laws and regulations of the jurisdictions in which we operate.
• Being mindful of the implications of our business activities on our communities and stakeholders.
• Donating financially to seafarer welfare organisations and thus giving back to a deserving community and a cause most closely connected to our business.

 

In-house Fleet Management 