Hong Kong dry bulk goliath Pacific Basin Shipping enjoyed its best first-half in 13 years and has resumed a dividend payout amid even better fixtures in July and August.
Pacific Basin reported an underlying profit of $150m and earnings per share of HKD 26.4 ($0.034), allowing it to pay a HKD 14 cents per share dividend.
Included in the result was a June profit of $53m, its highest monthly result ever.
