Fujairah Bulk Shipping L.L.C is a joint venture between the Government of Fujairah & Pacific Basin Shipping Limited.

The Government of Fujairah
www.fujairah.ae

The Emirate of Fujairah is ruled by H.H.Sheikh Hamad bin Mohammed Al Sharqi, who succeeded his father in 1974. H.H.Sheikh Hamad bin Mohammed Al Sharqi is one of the seven Rulers who make up the Supreme Council of Rulers which govern the United Arab Emirates. The Government of Fujairah takes an active interest in the strategic expansion of FBS and is represented on the board by Mr. A.G.Behroozian, who is the FBS Chairman.

Pacific Basin Shipping Limited
www.pacificbasin.com

Pacific Basin Shipping Limited is one of the world's leading owners and operators of modern Handysize and Handymax dry bulk vessels and a global provider of diversified shipping services.

Pacific Basin was first founded in 1987 as a specialist Handysize bulk carrier operator. The company first listed on NASDAQ in 1994, but was subsequently acquired and privatized in 1996. The company's founders and some former executives re-established Pacific Basin in 1998 which was listed on the Hong Kong Stock Exchange in 2004 as Pacific Basin Shipping Limited (stock code: 2343 HK).

The Group is engaged in three main segments including dry bulk shipping, energy and infrastructure services, and roll-on roll-off shipping with dry bulk shipping being its cornerstone activity. Headquartered in Hong Kong, the Group's fleet comprises over 160 vessels and it employees over 1,700 seafarers and 350 shore-based staff in 20 offices in key locations around the world. Pacific Basin has a diverse customer base and prides itself on being the preferred service provider to several blue-chip companies worldwide. The company is well supported by a strong balance sheet and has an excellent performance track record even in challenging times.