Understanding Our Core Market
Pacific Basin is a major player in the dry bulk shipping sector. We have no connection with the tanker or containership sectors.
Dry bulk shipping comprises four main segments including:
(a) "Handysize" and "Handymax" bulk carriers – smaller, more versatile ships that are "geared" (fitted with cranes) and carry a broad range of both "minor bulk" and "major bulk" cargoes; and
(b) "Panamax" and "Capesize" bulk carriers – very large ships that are "gearless" (not fitted with cranes) and that carry only a limited number of "major bulk" cargoes.
Pacific Basin specialises in Handysize and Supramax bulk carriers – Supramax being the modern, standard Handymax. We are the world's largest owner and operator of modern Handysize ships.
(Click on the image to enlarge)
Pacific Basin owns and operates the world's largest modern Handysize dry bulk fleet and we are also a significant owner and operator in the Supramax segment.
So what are Handysize and Supramax dry bulk ships?
- Modern Handysize and Supramax* ships respectively carry 25,000-40,000 and 50,000-60,000 metric tonnes of cargo
- The ships are 170-190 metres long and 27-32 metres wide, and their "handy" proportions allow them access to ports restricted by shallow water, locks, narrow channels and tight river bends
- In between their five cargo holds are four cranes with 30-ton lifting capacity which enable self-loading and discharging in regions lacking sophisticated cargo-handling infrastructure
- Almost all of our Handysize ships are fitted with log stanchions which allow us to carry a full cargo of logs both in cargo holds and on deck
- The broad range of dry bulk commodities we carry include agricultural products and raw materials such as grains, fertiliser, logs and forest products, minerals, coal, metal ores and concentrates, steel and scrap metal
* Supramax ships are generally considered to be the modern standard Handymax ship. The broader Handymax segment comprises ships which carry 40,000-65,000 metric tonnes of cargo.