Precious Shipping Public Company Limited (“PSL”) is part of the GP Group, a 150 year old family owned investment holding company that has invested in more than 300 companies. PSL is a pure dry cargo ship-owner operating in the small handy size sector of the Tramp freight market. This segment is extremely fragmented and characterised by companies owning 2 or 3 ships. PSL’s current 36 ship fleet makes it one of the largest. PSL was established in December 1989 and is listed on the Stock Exchange of Thailand since September 1993. It is ranked today among the best Shipping Companies in the world.