Sector: Industrials | Industry: Marine Freight & Logistics |
Pacific Shipping Trust (the Trust) is a Singapore-based business trust engaged in investing in vessels, which are chartered out to vessel operators. As of the year ended December 31, 2009, it has a fleet of 12 vessels. The Company provides structured financing solutions to shipping companies through long-term charters. In addition, it provides alternative to conventional ship finance through acquiring vessels and chartering them to operators on either a time or bareboat charter. Its subsidiaries include PSTM Alpha Pte. Ltd. and PSTM Beta Pte. Ltd.
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