Tag: Pacific International Lines (PIL)

Taiwanese liner operator Wan Hai Lines has purchased its eighth ship, since earmarking US$360 million to buy second-hand vessels, with the purchase of the...

Pacific International Lines (PIL) is set to escape liquidation after the majority of its lenders and creditors voted on 1 February to endorse the...

Singaporean liner operator Pacific International Lines is continuing to offload its ships as it works to bolster its balance sheet, in preparation for its...

Pacific International Lines’ (PIL) management said that despite the recent hike in container freight rates, the Singaporean carrier remains overleveraged and needs further restructuring...

Pacific International Lines (PIL) has been fined US$3 million for the illegal dumping of oil from one of its ships into Guam’s Apra Harbor. The...

PIL has sold two more ships, as the troubled Singaporean liner operator continues its asset sales to bolster its balance sheet. One of the ships,...

Taiwan operator Wan Hai lines has used its second-hand vessel fund of US$360 million to acquire five ships, including Teal Hunter, whose acquisition was...

Fire broke out in the cargo holds of one of Pacific International Lines’ (PIL) container-carrying general cargo ships in the morning of 18 December. New...

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...

Following Neptune Pacific Line’s acquisition of Pacific Direct Line from Pacific International Lines in March, the company has rebranded to Neptune Pacific Direct Line...