Pacific Basin Shipping Limited

SEHK:2343 Stock Report

Market Cap: HK$12.0b

Pacific Basin Shipping Management

Management criteria checks 3/4

Pacific Basin Shipping's CEO is Martin Fruergaard, appointed in Jul 2021, has a tenure of 2.67 years. total yearly compensation is $2.22M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth HK$21.18M. The average tenure of the management team and the board of directors is 2.2 years and 3 years respectively.

Key information

Martin Fruergaard

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage49.1%
CEO tenure2.7yrs
CEO ownership0.2%
Management average tenure2.2yrs
Board average tenure3yrs

Recent management updates

Recent updates

Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts

Mar 04
Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts

Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Feb 13
Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

Jan 26
Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet

Dec 11
Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet

Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?

Nov 28
Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?

Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

Oct 20
Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger

These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well

Aug 27
These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well

Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Aug 11
Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital

May 16
Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital

We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt

Apr 28
We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt

Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?

Apr 13
Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?

Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive

Feb 04
Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive

Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?

Dec 29
Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?

Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?

Dec 13
Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?

Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation

Oct 23
Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation

Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

Sep 16
Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly

Sep 01
Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly

Why We Like The Returns At Pacific Basin Shipping (HKG:2343)

Jun 22
Why We Like The Returns At Pacific Basin Shipping (HKG:2343)

Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

Jun 05
Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?

These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely

Apr 05
These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely

Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations

Mar 18
Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations

Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)

Feb 28
Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)

Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

Dec 23
Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?

We Like These Underlying Return On Capital Trends At Pacific Basin Shipping (HKG:2343)

Nov 18
We Like These Underlying Return On Capital Trends At Pacific Basin Shipping (HKG:2343)

Here's Why Pacific Basin Shipping (HKG:2343) Can Manage Its Debt Responsibly

Sep 24
Here's Why Pacific Basin Shipping (HKG:2343) Can Manage Its Debt Responsibly

What Is Pacific Basin Shipping Limited's (HKG:2343) Share Price Doing?

Sep 07
What Is Pacific Basin Shipping Limited's (HKG:2343) Share Price Doing?

There's Been No Shortage Of Growth Recently For Pacific Basin Shipping's (HKG:2343) Returns On Capital

Jul 26
There's Been No Shortage Of Growth Recently For Pacific Basin Shipping's (HKG:2343) Returns On Capital

Investors Will Want Pacific Basin Shipping's (HKG:2343) Growth In ROCE To Persist

Apr 15
Investors Will Want Pacific Basin Shipping's (HKG:2343) Growth In ROCE To Persist

Pacific Basin Shipping (HKG:2343) Has A Somewhat Strained Balance Sheet

Mar 25
Pacific Basin Shipping (HKG:2343) Has A Somewhat Strained Balance Sheet

Mats Henrik Berglund Is The CEO & Executive Director of Pacific Basin Shipping Limited (HKG:2343) And They Just Sold 54% Of Their Shares

Mar 04
Mats Henrik Berglund Is The CEO & Executive Director of Pacific Basin Shipping Limited (HKG:2343) And They Just Sold 54% Of Their Shares

CEO Compensation Analysis

How has Martin Fruergaard's remuneration changed compared to Pacific Basin Shipping's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$2mUS$1m

US$109m

Sep 30 2023n/an/a

US$216m

Jun 30 2023n/an/a

US$322m

Mar 31 2023n/an/a

US$512m

Dec 31 2022US$3mUS$919k

US$702m

Sep 30 2022n/an/a

US$926m

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$997m

Dec 31 2021US$2mUS$472k

US$845m

Compensation vs Market: Martin's total compensation ($USD2.22M) is above average for companies of similar size in the Hong Kong market ($USD569.88K).

Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.


CEO

Martin Fruergaard (55 yo)

2.7yrs

Tenure

US$2,224,000

Compensation

Mr. Martin Fruergaard serves as Executive Director at Pacific Basin Shipping Limited since July 02, 2021. He served as the Chief Commercial Officer of Maersk Drilling A/S from 2009 to June 2015 where he wa...


Leadership Team

NamePositionTenureCompensationOwnership
Martin Fruergaard
CEO & Executive Director2.7yrsUS$2.22m0.18%
$ 21.2m
Michael Jorgensen
Chief Financial Officerless than a yearno datano data
Karin Mak
Director of Accountingno datano datano data
P. Subbiah
Director of Human Resources & Administrationno datano datano data
Peter Budd
Head of Investor Relations & Corporate Communication3.2yrsno datano data
Xiu Cheng
General Manager of Insurance & Legal2.2yrsno datano data
Daigoro Oyama
Director of Sale & Purchase7.2yrsno datano data
Mark Hardy
Head of Sustainability2yrsno datano data
Morten H. Ingebrigtsen
Director of Asset Managementno datano datano data
Suresh Prabhakar
Director of Operationsno datano datano data
Harry Stapleton
Head of Atlantic Supramax2.2yrsno datano data
Vergara Hernan
Chief Engineer Columbia Riverno datano datano data

2.2yrs

Average Tenure

59yo

Average Age

Experienced Management: 2343's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Martin Fruergaard
CEO & Executive Director2.7yrsUS$2.22m0.18%
$ 21.2m
Kirsi Kyllikki Tikka
Independent Non-Executive Director4.5yrsUS$106.00kno data
John Mackay McCulloch Williamson
Independent Non-Executive Director3.3yrsUS$118.00k0.0011%
$ 127.2k
Irene Waage Basili
Independent Non-Executive Director9.8yrsUS$104.00kno data
Mats Henrik Berglund
Non-Executive Directorless than a yearUS$2.55mno data
Stanley Hutter Ryan
Independent Non-Executive Chairman7.7yrsUS$170.00kno data
Yat Kay Cheung
Non-Executive Director2.2yrsUS$106.00kno data
Alexandre Frederic Akira Emery
Independent Non-Executive Directorless than a yearno data0.0019%
$ 228.0k

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 2343's board of directors are considered experienced (3 years average tenure).


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