Pacific Basin sees brighter prospects in second half of 2014

Pacific Basin Shipping says rising affluence on the mainland means more demand for food and building supplies, which account for two-thirds of its cargoes. Photo: Bloomberg

The mainland's seemingly insatiable appetite for grains, oilseeds and construction supplies should see demand in the dry bulk shipping sector stay strong despite the still uncertain outlook for the global economy.

Friday, 7 March, 2014, 12:57am