Pacific Basin Shipping Limited (Pacific Basin, 02343) announced that Executive Director Kristian Helt will relinquish his board position effective 21 November 2026.
Helt joined the board on 13 October 2025 under an initial one-year mandate. The company subsequently extended his tenure briefly to ensure his participation through the full 2026 annual board cycle, culminating in the November 2026 meeting.
Following his departure from the board, Helt will remain within the organisation as: • Member of the Executive Committee of Pacific Basin • Director, Chartering of the Group • Director of three wholly owned subsidiaries—Pacific Basin Shipping (USA) Inc, Pacific Basin Shipping (UK) Limited and Pacific Basin (UK) Limited
The company confirmed that Helt has no disagreements with the board and that no other matters require shareholder or Stock Exchange attention.
Pacific Basin’s board expressed gratitude for Helt’s contributions during his tenure as Executive Director. As of the 26 October 2026 announcement date, the board comprises Executive Directors Martin Fruergaard and Kristian Helt; Independent Non-executive Directors Irene Waage Basili, Stanley Hutter Ryan, Kirsi Kyllikki Tikka, John Mackay McCulloch Williamson, Kalpana Desai, Wang Xiaojun Heather and Mats Henrik Berglund; and Non-executive Directors Harindarpal Singh Banga and Angad Banga.
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