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

Pacific Basin sees brighter prospects in second half of 2014

After bouncing back into the black last year, the shipper expects huge Chinese demand for grains and building materials to buoy its prospects

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
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