Pacific Shipping Trust (PST) offers an exciting, alternative to conventional ship finance. Based in Singapore, Asia's leading maritime hub, PST went public on May 26, 2006, becoming the first business trust listed on the Singapore Stock Exchange.

PST is committed to providing global ship operators with a cost-effective means of expanding their fleet without straining their balance sheets. We do this through acquiring vessels and chartering them to reputable operators on either a time or bareboat charter. Through sale and leaseback, finance leases and other innovative arrangements, we help shipping companies achieve their growth strategy while remaining "asset light".

Our objective is to grow our business by seeking yield-accretive acquisitions that will increase distributable cashflows to investors.

PST is sponsored by Pacific International Lines Pte Ltd, Singapore's second largest container shipping company and the 19th largest in the world. PIL owns and operates more than 97 container vessels with close to 140,000 TEUs. Turnover for the PIL group reached more than S$3.8 billion in 2006.