Pacific Basin Appoints New Executive Director
Pacific Basin, a Hong Kong-based bulk carrier, has hired Kristian Helt as its new executive director, replacing Alexander Howarth Yat Kay Cheung.
This move aims to mitigate the impact of US port fees on the company's operations.
The sudden replacement is an attempt to circumvent the impact of the USTR port fees.
Pacific Basin is taking steps to avoid being severely hit by these fees.
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Author's summary: Pacific Basin hires new director to mitigate US fee impact.
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