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 3.42 years. total yearly compensation is $2.22M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth HK$15.94M. The average tenure of the management team and the board of directors is 2.9 years and 3.8 years respectively.
Key information
Martin Fruergaard
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 49.1% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.9yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Market Participants Recognise Pacific Basin Shipping Limited's (HKG:2343) Earnings
Dec 24
When Should You Buy Pacific Basin Shipping Limited (HKG:2343)?
Oct 07Investors Interested In Pacific Basin Shipping Limited's (HKG:2343) Earnings
Sep 20There May Be Reason For Hope In Pacific Basin Shipping's (HKG:2343) Disappointing Earnings
Aug 30Pacific Basin Shipping's (HKG:2343) Returns On Capital Are Heading Higher
Jun 12Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
May 28Pacific Basin Shipping Limited's (HKG:2343) P/S Is Still On The Mark Following 30% Share Price Bounce
May 09Shareholders May Not Be So Generous With Pacific Basin Shipping Limited's (HKG:2343) CEO Compensation And Here's Why
Apr 12Earnings Miss: Pacific Basin Shipping Limited Missed EPS By 22% And Analysts Are Revising Their Forecasts
Mar 04Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Feb 13Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Jan 26Pacific Basin Shipping (HKG:2343) Has A Pretty Healthy Balance Sheet
Dec 11Are Investors Undervaluing Pacific Basin Shipping Limited (HKG:2343) By 41%?
Nov 28Pacific Basin Shipping (HKG:2343) Might Have The Makings Of A Multi-Bagger
Oct 20These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Reasonably Well
Aug 27Is It Too Late To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Aug 11Pacific Basin Shipping (HKG:2343) Is Achieving High Returns On Its Capital
May 16We Think Pacific Basin Shipping (HKG:2343) Can Stay On Top Of Its Debt
Apr 28Should You Investigate Pacific Basin Shipping Limited (HKG:2343) At HK$3.25?
Apr 13Under The Bonnet, Pacific Basin Shipping's (HKG:2343) Returns Look Impressive
Feb 04Is Pacific Basin Shipping Limited (HKG:2343) Potentially Undervalued?
Dec 29Is Pacific Basin Shipping (HKG:2343) Using Too Much Debt?
Dec 13Pacific Basin Shipping (HKG:2343) Is Very Good At Capital Allocation
Oct 23Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?
Sep 16Pacific Basin Shipping (HKG:2343) Seems To Use Debt Rather Sparingly
Sep 01Why We Like The Returns At Pacific Basin Shipping (HKG:2343)
Jun 22Is There Now An Opportunity In Pacific Basin Shipping Limited (HKG:2343)?
Jun 05These 4 Measures Indicate That Pacific Basin Shipping (HKG:2343) Is Using Debt Safely
Apr 05Pacific Basin Shipping's (HKG:2343) Promising Earnings May Rest On Soft Foundations
Mar 18Returns on Capital Paint A Bright Future For Pacific Basin Shipping (HKG:2343)
Feb 28Is It Time To Consider Buying Pacific Basin Shipping Limited (HKG:2343)?
Dec 23We Like These Underlying Return On Capital Trends At Pacific Basin Shipping (HKG:2343)
Nov 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$82m |
| Mar 31 2024 | n/a | n/a | US$96m |
| Dec 31 2023 | US$2m | US$1m | US$109m |
| Sep 30 2023 | n/a | n/a | US$216m |
| Jun 30 2023 | n/a | n/a | US$322m |
| Mar 31 2023 | n/a | n/a | US$512m |
| Dec 31 2022 | US$3m | US$919k | US$702m |
| Sep 30 2022 | n/a | n/a | US$926m |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$997m |
| Dec 31 2021 | US$2m | US$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 ($USD478.93K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
CEO
Martin Fruergaard (56 yo)
3.4yrs
Tenure
US$2,224,000
Compensation
Mr. Martin Fruergaard serves as an Interim Chief Financial Officer since October 31, 2024 and the Chief Executive Officer since July 31, 2021 and also an Executive Director at Pacific Basin Shipping Limite...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Interim CFO & Executive Director | 3.4yrs | US$2.22m | 0.19% HK$ 15.9m | |
| Director of Accounting | no data | no data | no data | |
| Director of Human Resources & Administration | no data | no data | no data | |
| Head of Investor Relations & Corporate Communication | 3.9yrs | no data | no data | |
| General Manager of Insurance & Legal | 2.9yrs | no data | no data | |
| Director of Sale & Purchase | 7.9yrs | no data | no data | |
| Head of Sustainability | 2.8yrs | no data | no data | |
| Director of Asset Management | no data | no data | no data | |
| Head of Atlantic Supramax | 2.9yrs | no data | no data | |
| Chief Engineer Columbia River | no data | no data | no data | |
| Head of Pacific Supramax & Pacific Chartering | 2.9yrs | no data | no data | |
| Head of Atlantic Handysize & Atlantic Chartering | 2.9yrs | no data | no data |
2.9yrs
Average Tenure
Experienced Management: 2343's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Interim CFO & Executive Director | 3.4yrs | US$2.22m | 0.19% HK$ 15.9m | |
| Independent Non-Executive Director | 5.3yrs | US$106.00k | no data | |
| Independent Non-Executive Director | 4.1yrs | US$118.00k | 0.0022% HK$ 181.6k | |
| Independent Non-Executive Director | 10.6yrs | US$104.00k | no data | |
| Non-Executive Director | less than a year | US$2.55m | no data | |
| Independent Non-Executive Chairman | 8.4yrs | US$170.00k | no data | |
| Non-Executive Director | 2.9yrs | US$106.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | 0.0039% HK$ 330.4k |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Board: 2343's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 11:34 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pacific Basin Shipping Limited is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Chun Lam | BOCI Research Ltd. |
| Nathan Gee | BofA Global Research |