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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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PIL: soaring rates inadequate to escape liquidation

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

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ORBCOMM has announced the launch of CrewView, an onboard visibility solution designed to give vessel crews real-time access to data from smart refrigerated and...
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SAAM-Enap partnership: Latin America’s first electric tug en route to Chile

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Latin America’s first fully electric tugboat has officially set sail from Tuzla, Turkey, on a 45-day journey to Puerto Montt, Chile. From there, it will...
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Singapore and France sign enhanced maritime partnership agreement

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French Minister for Transport Philippe Tabarot and Singapore’s Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow signed an Enhanced...
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CMA CGM, DP World Ramp Up Investment Amid Global Trade Turbulence

CN Premium Articles Alexandros Itimoudis - 0
As global trade fragments under the weight of geopolitical tensions, French shipping group CMA CGM and UAE-based logistics company DP World are positioning themselves...
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