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The latest update is out from Pacific Basin Shipping ( (HK:2343) ).
Pacific Basin Shipping Limited announced the appointment of Mr. Kristian Helt as an executive director and the resignation of Mr. Alexander Howarth Yat Kay Cheung as a non-executive director, effective 13 October 2025. Mr. Helt, with over 25 years of experience in the shipping industry, has played a pivotal role in the company’s development and will continue to lead its chartering operations globally. Mr. Cheung’s resignation is intended to help the company mitigate potential implications of USTR Section 301 Annex 1 provisions, which impose port fees on Chinese-owned or operated vessels. The company expressed gratitude for Mr. Cheung’s contributions during his tenure.
The most recent analyst rating on (HK:2343) stock is a Sell with a HK$1.90 price target. To see the full list of analyst forecasts on Pacific Basin Shipping stock, see the HK:2343 Stock Forecast page.
More about Pacific Basin Shipping
Pacific Basin Shipping Limited is a company in the shipping industry, focusing on handysize and supramax chartering activities and pool operations. The company has a strong presence in regions such as Canada, the US West Coast, and the Atlantic, and is known for its strategic development and execution.
YTD Price Performance: 63.29%
Average Trading Volume: 18,504,600
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.17B
Learn more about 2343 stock on TipRanks’ Stock Analysis page.