Pacific Basin Shipping Limited, on 3 March 2026, announced changes to the Board of Directors and its committees. The company confirmed it has a total of eleven Directors.

Key adjustments include the appointment of Dr. Harindarpal Singh Banga to the Audit Committee and the assignment of Mr. Angad Banga to the Sustainability Committee. In addition, Ms. Wang Xiaojun Heather now serves as the Chairman of the Remuneration Committee, while Mrs. Irene Waage Basili remains a member of the same committee.

Following these changes, the Board’s independent non-executive members include Mrs. Basili, Mr. Mats Henrik Berglund, Ms. Kalpana Desai, Mr. Stanley Hutter Ryan (who continues as Chairman of the Board), Dr. Kirsi Kyllikki Tikka, Ms. Wang, and Mr. John Mackay McCulloch Williamson. The executive directors are led by Chief Executive Officer, Mr. Martin Fruergaard, and supported by Mr. Kristian Helt, with the non-executive directorship of Dr. Banga and Mr. Angad Banga. The Executive Committee is chaired by Mr. Fruergaard, with Mr. Helt as a member.