Sunday, June 22, 2025
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Most Reliable Ocean Carriers in 2024

Since 2019, no single carrier among the top 13 global shipping companies has consistently ranked as the most reliable provider across more than 30%...

New managing director for PIL China

PIL announced the retirement of Klaus Ku, managing director of PIL China, who has served the company for around 30 years. Anderson Luo, who previously...

PSA Singapore and PIL expand collaboration on decarbonisation initiatives

Aiming at net zero greenhouse gas (GHG) emissions, PSA Singapore and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MoU) to jointly...

PIL to integrate China barge service offering into new PIL Intermodal Service

PIL offers river barge service in China as part of its service options to clients who require effective transportation of their goods from ports...

PIL to adopt Hazcheck Detect cargo screening tool

Pacific International Lines (PIL) is the fourth shipping company to sign an agreement to adopt NCB Group's Hazcheck Detect, a cargo screening tool that...

Asian lines commence new service to connect Far East with West Coast of South America

Three Asian container shipping companies, Yang Ming, Wan Hai Lines and Pacific International Lines (PIL), will jointly launch a new service between Far East...

Asian lines launch new China-India service

China United Lines continues to build on its service portfolio, launching a joint China-India service with Pacific International Lines, Regional Container Lines and Interasia...

PIL’s losses double in first half of 2020

Pacific International Lines (PIL) remains in the red, with a net loss that nearly doubled to US$120 million for the first half of 2020. Releasing...

Mounting debt could see PIL liquidation

Pacific International Lines (PIL) faces liquidation as a mounting debt burden, dwarfing the value of its assets, drags the company further into the mire. Management...

PIL sells more ships as debt restructuring progresses

Pacific International Lines has sold three more elderly container ships, as the beleaguered Singaporean liner operator continues to reprofile its debt and rationalise its...
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