Member News

Member News

New book by Associate Member DNV GL's Dr George Psarros provides supportive evidence of a proposition to include a design energy efficiency clause in the charter party agreement.

The book is available through any online bookstore such as Amazon, Barnes & Noble, etc. and:

  • Gives practical insights into the legal and economic principles underpinning energy efficiency;
  • Presents new solutions for modernizing the chartering process;
  • Shows practical applications in maritime transport.


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Download this file (productFlyer_978-3-319-50264-9.pdf)productFlyer_978-3-319-50264-9.pdf 357 kB31-Jan-2017

In 2016, Pacific Basin won the Safety Award at the Lloyd’s List Global Awards and at the Seatrade Asia Awards. The Handysize and Supramax specialist also won the Dry Bulk Operator of the Year Award (for the third consecutive year) at the Lloyd's List Asia Awards.

In presenting Pacific Basin the Safety Award, the Lloyd’s List judges singled out the company’s focused drive to eliminate complacency at sea, and its initiatives and investment in safety and training beyond mandatory requirements to instil a genuine safety culture, setting an impressive benchmark for others to follow.

About the company’s Dry Bulk Operator award, the judges remarked that “Pacific Basin has shown continued customer focus, conservative financing, attention to safety and also to seafarer and shore staff training”, noting also the company’s financial prudence to remain sustainable.

Notable other accolades in recent weeks include the People Development Award at the IBJ (International Bulk Journal) Awards. Pacific Basin always seeks to make the right investments in its colleagues at all levels of the organisation – both at sea and ashore – which does so much to increase knowledge, productivity, engagement, loyalty and a deeper sense of belonging to the company.

Acknowledging the professionalism with which the company addresses other key aspects of its business, Pacific Basin was the sole recipient of the Gold Award in the Non-Hang Seng Index (Mid-to-Small Market Cap) Category at the Hong Kong Institute of CPAs' 2016 Best Corporate Governance Awards. HKICPA singled out Pacific Basin as the company other mid-to-small caps should emulate in terms of high-quality corporate governance structures, processes and practices, as well as the clarity and quality of reporting and disclosures both in form and substance.


The winners of the Lloyd's List Global Awards 2016 were announced at this year's ceremony at the National Maritime Museum in Greenwich, London on Wednesday 28 September.

This is Pacific Basin's second “Safety Award” this year, the first being Seatrade Asia’s Safety Award in July 2016.

Pacific Basin stated "Our special thanks go to our seafarers who help Pacific Basin achieve and maintain high standards of safety. Pacific Basin is committed to enhancing safety at workplace to safeguard the personal safety of our staff at sea and on shore."


Using the big data and bulk carrier expertise, DNV GL has extracted operational data from the 1,000 bulk carriers operating under DNV GL class today.

This allowed them to identify measures that will help bulk carrier shipping companies to achieve safer and compliant operations at minimum cost.

These findings are summarized in a new 24-page publication "Operational experience for bulk carriers", just published in June 2016.

The “Operational experience for bulk carriers” (PDF, 1.3 MB) can be downloaded here.

LDA lifetime achievement award

Warmest congratulations to Philippe Louis-Dreyfus OBE, Chairman, Louis-Dreyfus Armateurs for receiving the Seatrade Lifetime Achievement Award from Kitack Lim, IMO Secretary-General and Seatrade Chairman, Chris Hayman and sponsor Kirsi Tikka, ABS Executive Vice President Global Marine at the Seatrade Awards Ceremony held in London on 6 May 2016.