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PIL finalises restructuring with Heliconia

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Pacific International Lines (PIL) has finalised its restructuring plan on 30 March, agreed with creditors including Heliconia Capital Management, a unit of the Singapore...
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Singapore court endorses PIL restructuring

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The Singapore High Court has sanctioned Pacific International Lines’ (PIL) debt restructuring scheme on 3 March, after PIL’s bond holders voted on 1 February to accept...
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PIL sells three ships ahead of court hearing

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Pacific International Lines (PIL) has sold three more vessels as the Singapore-based liner operator continues to improve its balance sheet. One ship, the 2013-built multi-purpose...
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PIL sells ship as company prepares for crucial creditors meeting

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Singaporean liner operator Pacific International Lines is continuing to offload its ships as it works to bolster its balance sheet, in preparation for its...
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Bulker sale refocuses PIL on container shipping

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Pacific International Lines, the beleaguered Singaporean liner operator, has sold another bulk carrier, as it increasingly concentrates on its core container business. VesselsValue reported PIL...
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MAN Energy Solutions rebrands as Everllence

News Alexandros Itimoudis - 0
MAN Energy Solutions has officially rebranded to Everllence, marking a pivotal step in the company’s strategic evolution. The new global identity underscores its expanding role...
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HHLA acquires majority stake in Ukrainian terminal

Port News Container News Team - 0
Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...
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India vows to emerge as shipbuilding power through external partnerships

CN Premium Articles Alexandros Itimoudis - 0
India's shipbuilding sector is experiencing a strategic transformation, driven by a convergence of geopolitical motives, national industrial goals, and ambitious maritime visions. Under Prime Minister...
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Sierra Leone’s Freetown Port prepares for digital transformation

News Alexandros Itimoudis - 0
A needs assessment mission conducted in Sierra Leone from 26 to 30 May has laid the groundwork for the introduction of a Maritime Single...
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