Pacific Basin Shipping Signs Shareholder Agreement with Caravel to Support Independent Operations

Reuters02-16

<a href="https://laohu8.com/S/PCFBF">Pacific Basin Shipping</a> Signs Shareholder Agreement with Caravel to Support Independent Operations

Pacific Basin Shipping Limited has announced the signing of a new shareholder agreement with its largest shareholder, The Caravel Group Ltd. and Caravel Maritime Ventures Inc. The agreement aims to support Pacific Basin's continued operation as an independent global shipping company and establishes a framework for constructive engagement between the company and Caravel. Key terms include a commitment to sustainable long-term growth, independent decision-making by the board and management, and strategies to maximize access to global markets while enhancing shareholder value. The company’s directors believe the agreement is fair, reasonable, and in the best interests of all shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Basin Shipping Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260216-12025512), on February 16, 2026, and is solely responsible for the information contained therein.

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