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PACIFIC BASIN 1Q Avg. Mkt Spot Rates for Handysize Vessels US$8K, Down 24% YoY
In 1Q25, market spot rates for Handysize and Supramax vessels averaged US$8,000 and US$7,900 net per day, down 24% and 36% YoY, respectively, according to PACIFIC BASIN (02343.HK)&...
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PACIFIC BASIN 1Q Avg. Mkt Spot Rates for Handysize Vessels US$8K, Down 24% YoY
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In 1Q25, market spot rates for Handysize and Supramax vessels averaged US$8,000 and US$7,900 net per day, down 24% and 36% YoY, respectively, according to PACIFIC BASIN (02343.HK)  -0.050 (-2.577%)    Short selling $25.29M; Ratio 24.675%   's announcement.

The Group's core business achieved average Handysize and Supramax daily time-charter equivalent (TCE) earnings of US$10,940 and US$12,210 per day in 1Q25, representing YoY decreases of 1% and 10% respectively.

Related NewsDaiwa Upgrades PACIFIC BASIN to Buy, Predicts Improved Geopolitical Environment to Benefit Freight
PACIFIC BASIN outperformed the Handysize and Supramax spot market indices by US$2,940 and US$4,310 per day or 37% and 55% each in the period.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-15 12:25.)

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