Pacific Basin Shipping CEO on Results, Strategy

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March 1 (Bloomberg) -- Mats Henrik Berglund, chief executive officer of Pacific Basin Shipping Ltd., Hong Kong’s biggest dry-bulk carrier, talks about the company's financial results and business strategy. Pacific Basin posted its first annual loss since listing in 2004 after a $199 million write-off against vehicle-carrying ships and falling rates for moving commodities. Berglund speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)