Pacific Basin has announced the acquisition of four 40,000 dwt Handysize newbuilding vessels from Jiangmen Nanyang Ship Engineering (JNS) for a total consideration of approximately US$119.2 million. The vessels, which are scheduled for delivery in the first half of 2028, feature advanced fuel-efficient, open-hatch, and logs-fitted designs, offering greater cargo capacity and flexibility compared to earlier models. This acquisition doubles Pacific Basin's newbuilding programme, which previously included four Ultramax vessels announced in November 2024. The company stated that these moves are part of its strategic focus on fleet renewal and growth to enhance operational scale, efficiency, and compliance with stricter fuel-efficiency regulations.