Pioneer Marine Inc. and its subsidiaries a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the quarter ended March 31, 2021. Jim Papoulis, Chief Executive Officer commented: “2020 served as a good reminder that shipping performs a profoundly needed service and remains the backbone of world trade. .
Pioneer Marine Inc. Bullish Over the Dry Bulk Market’s Prospects Moving Forward
Pioneer Marine Inc. and its subsidiaries, a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the fourth quarter and year ended December 31, 2020.
Jim Papoulis, Chief Executive Officer commented: “The Baltic Handysize index recovered sharply in the fourth quarter of 2020 and continues to improve during the first two months of 2021. While potential impacts from a third wave of COVID remain, this is a vital indicator that a remarkable turnaround has taken place since spring 2020 when there was a global slowdown.