Pacific Basin Shipping Limited announced that its board has declared an interim dividend for the six months ended 30 June 2018 of 2.5 Hong Kong cents per share in line with a dividend policy of paying out at least 50% of net profits excluding disposal gains for the full year. The register of members will be closed on 13 August 2018 and no transfer of shares will be effected on this date. The ex-dividend date for the interim dividend will be on 9 August 2018. No interim or final dividend was declared for the period ended 30 June 2017 and the year ended 31 December 2017 respectively. The company will pay dividend on 22 August 2018.