Caravel Group Increases Stake to 16% in Pacific Basin Shipping Limited, Becoming Largest Shareholder

Reuters

06-26

Caravel Group Increases Stake to 16% in Pacific Basin Shipping Limited, Becoming Largest Shareholder

Caravel Group Ltd. has increased its stake in Pacific Basin Shipping Limited by acquiring 817,528,401 shares, representing approximately 16.00% of the company's total issued share capital. This makes Caravel the single largest shareholder in Pacific Basin. The document does not specify the price of the shares or mention multiple transactions.

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 on June 26, 2025, and is solely responsible for the information contained therein.

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This makes Caravel the single largest shareholder in Pacific Basin. The document does not specify the price of the shares or mention multiple transactions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. 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