OUR COMPANY

 

OUR COMPANY

 

OUR COMPANY

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Our Vision is to be
a recognized leader in the safe and efficient carriage of dry bulk commodities.
Our Mission is to be
your selected partner amongst peers based on performance, relationships, personal leadership and safety.

Core Values

Safety

Abide by a strong Safety Culture for the benefit of our people, our assets and our business partners.
Operate with risk conscious mentality to avoid unexpected losses.

Sustainability & Environmental Awareness

Opt for sustainable and environmentally friendly resources.
Comply with industry regulations.

Integrity

Conduct operations honestly and with transparency.
Adopt Corporate Governance best practices.

Customer Service

Deliver services of superior quality standards.
Build sustainable long term relationships based on professionalism and friendly approach.

Our People, our Assets

Offer over 200 years of combined industry and public markets expertise.
Employ innovative dynamic professionals with strong teamwork spirit.

Stakeholder Value

Maximize Stakeholder Value by emphasis on high performance and cost efficiencies.

Corporate Governance

Standards of Business Conduct & Ethics

Pioneer Marine is committed to adhere to the highest standards of ethical, moral and legal business conduct. Pioneer Marine expects that all employees and business partners, also abide by the highest standards of ethical, moral and legal business conduct.

In order to cultivate an ethical working environment and demonstrate our commitment to good corporate governance, we have developed and adopted an ethics framework.

Standards of Business Conduct & Ethics

 

View .pdf

Whistleblower Policy

Supplemental to the Standards of Business Conduct & Ethics, our Whistleblower policy aims to direct our Company’s employees and business partners to report any concerns, suspected misconduct, illegal and / or unethical behavior regarding any aspect of the Company’s activities.

All concerns are being monitored exclusively, by an external 3rd party (“Manolis Eglezos and Associates Law Firm”) serving as the independent external Whistleblower and are communicated directly to the Audit Committee of the Company who will handle them as deemed necessary.

 

email: whistleblower@pioneermarine.com

 

Detailed Whistleblower Policy

View .pdf

 

All data provided will be treated in accordance with GDPR regulations.
Please refer to our Privacy Policy.

View .pdf

History

  • Sale of MV Paradise Bay

    Sale of MV Paradise Bay

  • New credit facility of $29.3 million with DVB to refinance CIT facility and DVB facility for MV Tenacity Bay.

    New credit facility of $29.3 million with DVB to refinance CIT facility and DVB facility for MV Tenacity Bay.

  • Distribution of $25 million cash dividend

    Distribution of $25 million cash dividend

  • Acquisition MV Liberty Bay

    Acquisition MV Liberty Bay

  • New credit facility of $64.4 with ABN AMRO to refinance the ABN AMRO & DVB facility and to partially finance the acquisition of MV Monterey Bay, MV Liberty Bay and MV Alsea Bay

    New credit facility of $64.4 with ABN AMRO to refinance the ABN AMRO & DVB facility and to partially finance the acquisition of MV Monterey Bay, MV Liberty Bay and MV Alsea Bay

  • Acquisition MV Alsea Bay and MV Monterey Bay

    Acquisition MV Alsea Bay and MV Monterey Bay

  • New Executive Management

    New Executive Management

  • Sale of MV Azure Bay

    Sale of MV Azure Bay

  • Acquisition of MV Tenacity Bay and MV Resolute Bay

    Acquisition of MV Tenacity Bay and MV Resolute Bay

  • Completion of termination for the remaining 10 Newbuilding Contracts

    Completion of termination for the remaining 10 Newbuilding Contracts

  • Delivery of Green Dolphin eco-design newbuilding MV Kite Bay

    Delivery of Green Dolphin eco-design newbuilding MV Kite Bay

  • Delivery of Green Dolphin eco-design newbuilding MV Falcon Bay

    Delivery of Green Dolphin eco-design newbuilding MV Falcon Bay

  • Completion of the $25 million Private Placement

    Completion of the $25 million Private Placement

  • Committed financing of $150.1 million from ABN AMRO, Deutsche Bank and Nord LB in relation to 12 Newbuilding Contracts

    Committed financing of $150.1 million from ABN AMRO, Deutsche Bank and Nord LB in relation to 12 Newbuilding Contracts

  • Successfully raised $75 million in the Norwegian OTC equity market

    Successfully raised $75 million in the Norwegian OTC equity market

  • Committed financing of $47 million from US based CIT

    Committed financing of $47 million from US based CIT

  • Committed financing of $72 million from ABN AMRO & DVB

    Committed financing of $72 million from ABN AMRO & DVB

  • Acquisition of 13 high quality secondhand vessels

    Acquisition of 13 high quality secondhand vessels

  • Inception of Pioneer Marine

    Inception of Pioneer Marine