Pacific Basin Shipping Limited
Pacific Basin Shipping Limited (HKG:2343) and its subsidiaries are engaged in the provision of shipping related services. The Company operates its business in three divisions: dry bulk shipping, energy and infrastructure service, and roll on roll off (RoRo) vessel shipping. Its dry bulk shipping division provides cargo shipping services with handysize and handymax vessels. The energy and infrastructure service division provides towage services, which includes offshore and project supply and harbor towage services; Fujairah bulk shipping services, including aggregate production and transportation services, and marine services, such as ship survey and inspection services. Its RoRo vessel shipping division is engaged in the carriage of industrial and consumer products.
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Asian Activities Report for February 9, 2012 includes: Pacific Basin Shipping Limited (HKG:2343) has formed business alliance with US-based Crowley Maritime Corporation; Renesas Electronics Corporation (TYO:6723) has opened a wholly owned subsidiary in Sao Paolo, Brazil; Akebono Brake Industry Co., Ltd. (TYO:7238) has announced the establishment of a new manufacturing facility in Mexico; Nikon Corporation (TYO:7731) announces the release of the Nikon D800 FX-format digital SLR camera, which offers a noteworthy effective pixel count of 36.3-million pixels.
Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to provide shareholders with the March 2010 Quarterly Report which outlines the progress made by the Company during the quarter. The Company is now fully funded and will hold a significant cash position to support the development of both the Mt Cattlin and Jiangsu projects.
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