Tools

34 Principal Subsidiaries

At 31 December 2016, the Company has direct and indirect interests in the following principal subsidiaries:
Company Place of
incorporation/
operation 3
Issued and fully
paid share capital
Interest
held
%
Principal activities
Shares held directly:
   PB Vessels Holding Limited BVI US$1,191,118,775 100 Investment holding
   PB Management Holding Limited BVI US$12,313 100 Investment holding
   PB Issuer (No.4) Limited BVI US$1 100 Convertible bond issuer
         
Shares held indirectly:
Dry Bulk:
   Astoria Bay Limited HK/Int'l HK$1 100 Vessel chartering
   Baker River Limited HK/Int'l HK$1 100 Vessel chartering
   Baltic Sea Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Barrow Shipping Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Bass Strait Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Bell Bay Shipping Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Bernard (BVI) Limited BVI/I nt'l US$51,001 100 Vessel owning and chartering
   Bonny Shipping Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Bright Cove Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Cape York Shipping Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Champion Bay Limited BVI/I nt'l US$1 100 Vessel chartering
   Cherry Point Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Chiloe Shipping Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Columbia River Shipping Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Corio Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Cramond Island Limited HK HK$1 100 Vessel owning
   Delphic Shipping (BVI) Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Eaglehill Trading Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Eastern Cape Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Elizabay Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Elizabeth Castle Limited BVI/I nt'l US$1 100 Vessel chartering
   Elizabeth River Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Esperance Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Everclear Shipping (BVI) Limited BVI/I nt'l US$31,001 100 Vessel owning and chartering
   Finest Solution Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Francesca Shipping (BVI) Limited BVI/I nt'l US$30,001 100 Vessel owning and chartering
   Future Sea Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Gold River Vessel Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Good Shape Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Hainan Island Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Helen Shipping (BVI) Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Honey Island Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Illovo River Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Imabari Logger Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Impression Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Incheon Bay Limited HK HK$1 100 Vessel owning
   Indian Ocean Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Indigo Lake Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Isabela Island Limited HK HK$1 100 Vessel owning
   Jamaica Bay Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   James Bay Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Jericho Beach Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Jervis Bay Shipping Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Jiangmen Trader Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Judith Shipping (BVI) Limited BVI/I nt'l US$38,001 100 Vessel owning and chartering
   Jules Point Limited BVI/I nt'l US$1 100 Vessel owning and chartering
   Jumeirah Beach Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Kaiti Hill Limited HK/Int'l HK$1 100 Vessel owning and chartering
Company Place of
incorporation/
operation 3
Issued and fully
paid share capital
Interest
held
%
Principal activities
   Kanda Logger Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Key West Shipping Limited HK HK$1 100 Vessel owning
   Kodiak Island Limited HK HK$1 100 Vessel owning
   Kultus Cove Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Labrador Shipping (BVI) Limited BVI/Int'l US$38,001 100 Vessel owning and chartering
   Lake Stevens Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Liberty Vessel Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Longview Logger Limited HK/Int'l HK$1 100 Vessel chartering
   Luzon Strait Shipping (BVI) Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Marsden Point Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Matakana Island Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Mega Fame Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Mount Adams Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Mount Aso Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Mount Baker Shipping Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Mount Hikurangi Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Mount Rainier Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Mount Seymour Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Newman Shipping (BVI) Limited BVI/Int'l US$26,001 100 Vessel owning and chartering
   Nobal Sky Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Oak Bay Shipping Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Olive Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Orange River Shipping Limited HK/Int'l HK$1 100 Vessel chartering
   Osaka Bay Limited HK HK$1 100 Vessel owning
   Otago Bay Limited HK HK$1 100 Vessel owning
   Otago Harbour Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Othello Shipping (BVI) Limited BVI/Int'l US$26,593 100 Vessel owning and chartering
   Oyster Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering Limited BVI/Int'l US$10 100 Vessels chartering
   Pacific Basin Chartering (No. 1) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 2) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 3) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 4) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 5) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 6) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 7) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 8) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 9) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Pacific Basin Chartering (No. 10) Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Port Alberni Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Port Alfred Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Port Alice Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Port Angeles Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Port Botany Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Puget Sound Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Supreme Effort Group Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Swan River Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Tampa Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Uhland Shipping (BVI) Limited BVI/Int'l US$1 100 Vessel owning and chartering
   Verner Shipping (BVI) Limited BVI/Int'l US$1 100 Vessel owning and chartering
   West Bay Shipping Limited HK/Int'l HK$1 100 Vessel owning and chartering
   White Bay Limited HK/Int'l HK$1 100 Vessel owning and chartering
   Zhoushan Shipping Limited BVI/Int'l US$1 100 Vessel owning and chartering
Company Place of
incorporation/
operation 3
Issued and fully
paid share
capital
Interest
held
%
Principal activities
Others:
   Pacific Basin Agencies Limited HK/Int'l

HK$10

100

Holding company of Japan
    branch
   Pacific Basin Supramax Limited HK HK$10 100 Provision of ship management
    and ocean shipping services
   Pacific Basin Handymax (UK) Limited England & W GBP1 100 Ship management services
   Pacific Basin Handysize Limited BVI/HK US$10 100 Provision of ship management
    and ocean shipping services
   Pacific Basin Handysize (HK) Limited HK HK$10 100 Provision of ship management
    and ocean shipping services
   Pacific Basin (UK) Limited England & W GBP2 100 Shipping consulting services
   Pacific Basin Shipping (Australia) Pty Ltd1 Australia AUD1 100 Shipping consulting services
   Pacific Basin Shipping (Canada) Limited BC, Canada 1 common share    
    without par value
100 Shipping consulting services
   Pacific Basin Shipping (HK) Limited HK HK$20 100 Ship agency services
   Pacific Basin Shipping (New Zealand) Limited New Zealand 100 shares without
    par value
100 Shipping consulting services
   Pacific Basin Shipping (South Africa)
      Pty Ltd1
Republic of South
    Africa
120 shares without
    par value
100 Shipping consulting services
   Pacific Basin Shipping (UK) Limited England & W GBP2 100 Shipping consulting services
   Pacific Basin Shipping (USA) Inc. USA US$1,000 100 Shipping consulting services
   PB Commerce Limited BVI/HK US$1 100 Investment holding
   PB Maritime Personnel Inc.1 The Philippines PHP$17,300,000 100 Crewing services
   PB Offshore (No. 2) Limited Cook/Int'l US$10 100 Tug owning and chartering
   PB Progress Limited Cook/Int'l US$2 100 Tug owning and chartering
   PB Towage (No. 4) Limited Cook/Int'l US$2 100 Tug owning and chartering
   PB Towage (No. 5) Limited Cook/Int'l US$2 100 Tug owning and chartering
   PB Towage Middle East Limited Cook/Int'l US$2 100 Ship management services
   PBS Corporate Secretarial Limited HK HK$10 100 Secretarial services
   Taihua Shipping (Beijing) Limited182 PRC US$4,000,000 100 Agency and ship management
(registered     services
capital)
 
 

Top

My Annual Report

Your page has been added successfully.