Search results for: Pacific International Lines

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  • 17 April 2018
    Business & Finance

    PIL returned to profitability in 2017 amid significant improvement in shipping market conditions.

  • 14 April 2020
    Business & Finance

    Singapore’s container shipping company Pacific International Lines (PIL) has issued a statement to quash the bankruptcy rumours circulating on social media dubbing them as fake news. “PIL reserves the right to pursue legal actions against those who generate and spread these defamatory rumours during this COVID-19 pandemic period and related false information after this statement,” the […]

  • 13 March 2020
    Business & Finance

    PIL has sold its liner shipping business Pacific Direct Line to Neptune Pacific Line.

  • 27 August 2018
    Business & Finance

    Pacific International Lines’ subsidiary names its newest boxship newbuilding in China.

  • 5 March 2020
    Business & Finance

    Wan Hai Lines has acquired two containerships from PIL.

  • 17 September 2015
    Business & Finance

    Singapore-based container line Pacific International Lines (PIL) and China’s shipbuilder Yangzijiang Shipbuilding (Holdings) Ltd. have signed a contract for the construction of eight 11,800 TEU container ships in Shanghai on September 16. These 314.5-meter-long, 48.2-meter-wide newbuildings will have a draft of 13 meters, and will be the largest boxships in PIL’s fleet once the planned deliveries […]

  • 17 September 2015
    Business & Finance

    Singapore-based container line Pacific International Lines (PIL) and China’s shipbuilder Yangzijiang Shipbuilding (Holdings) Ltd. have signed a contract for the construction of eight 11,800 TEU container ships in Shanghai on September 16. These 314.5-meter-long, 48.2-meter-wide newbuildings will have a draft of 13 meters, and will be the largest boxships in PIL’s fleet once the planned deliveries […]

  • 15 October 2018
    Business & Finance

    Pacific International Lines (PIL) has ceased acceptance of cargoes in and out of Iran.

  • 25 March 2015
    Business & Finance

    South East Asian containership operator Pacific International Lines (PIL) and Luen Thai Group have taken ownership of Singapore’s Mariana Express Lines (MELL). Under the deal, PIL has assumed majority shareholding. MELL will continue to operate under its own brand and regular business operations will not be affected by the change in ownership, the company said. […]

  • 17 September 2012
    Business & Finance

    KOTA GAYA, the first ship in the series of four 2800TEU class container carrier Ordered by Pacific International Lines (ship owner based in Singapore) sailed out from Hyundai Mipo Dockyard, Ulsan, S.Korea. Navgathi Marine Design & Constructions is providing the new shipbuilding project management for Pacific International Lines and Navgathi’s professional team is in the […]

  • 3 July 2020
    Safety, Vessels

    Five crew members of a general cargo ship Kota Budi have been kidnapped by armed men off Cotonou, Benin, Dryad Global said citing a high confidence source. The kidnapped crew, including the master, are all Chinese nationals. The multipurpose vessel, built in 2013, is owned and operated by Singapore’s Pacific International Lines (PIL). PIL confirmed […]

  • 5 March 2019

    Perpetrators attempted to board PIL’s containership in the Gulf of Guinea on February 21, 2019.

  • 17 September 2012

    KOTA GAYA, the first ship in the series of four 2800TEU class container carrier ordered by Pacific International Lines (ship owner based in Singapore) sailed out from Hyundai Mipo Dockyard, Ulsan, S.Korea. Navgathi Marine Design & Constructions is providing the new shipbuilding project management for Pacific International Lines and Navgathi’s professional team is in the […]

  • 20 April 2015
    Business & Finance

    Taiwanese container line Wan Hai Lines has concluded an agreement with China’s COSCO Container Lines and Japan’s Kawasaki Kisen Kaisha (”K” LINE) to jointly operate a Transpacific service from South China to the US Pacific South West, dubbed SEA service. Wan Hai will also be cooperating with ”K” LINE and Singapore-based Pacific International Lines (PIL) to jointly operate a Transpacific service […]

  • 15 September 2016

    A Transpacific shipping route linking Asia and the US will add weekly US Port of Oakland stops, beginning on November 6, 2016.  With this move, Oakland will become the sixth stop in the Calco-C service, which is expected to bring an additional 50 vessel arrivals to the port on an annual basis. This could increase Oakland cargo […]

  • 26 August 2019
    Business & Finance

    Singapore’s PIL obtains the Environmental Ship Index certification for its 500,000 TEU fleet.

  • 28 December 2015
    Business & Finance

    Eight container shipping companies are facing fines from China’s Ministry of Transport for violation of freight rate-related regulations. An inspection found that the companies in question failed to report their freight rates or did not meet the standards set by the ministry regarding freight rate standards, the ministry said. The container carriers found in breach […]

  • 27 January 2017
    Business & Finance

    Singapore-incorporated shipping company Pacific International Lines (PIL) has signed a memorandum of understanding (MOU) with China Guangzhou Nansha Development Zone to explore business opportunities and the development of a shipping/logistics base in the Nansha New Area.   The MOU also aims at increasing trade cooperation and deepening business ties between PIL and the development zone, […]

  • 17 February 2016

    The Maritime and Port Authority of Singapore (MPA) has launched the world’s first national technical reference for bunker mass flow metering of marine fuel oil deliveries in Singapore, which are expected to come into effect from January 1, 2017. MPA said that the new guidelines will set out clear requirements for measurement and system integrity that provide […]

  • 27 October 2014
    Business & Finance

    Hanjin Shipping is expanding its service network in South Africa by participating in the existing SF1 (South Africa Express 1 Central) and SF2 (South Africa Express 2 South) services, currently operated  by a line of shipping carriers – including Evergreen Line,COSCO, Pacific International Lines, “K” LINE, and Mitsui O.S.K. Lines.  Starting from the last week of October, Hanjin […]

  • 22 August 2014
    Business & Finance

    French liner company CMA CGM S.A. announced a co-operation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), in the North East Asia, Australia and New Zealand Trade commencing from Shanghai in early of November. The new service will be operated with 7 vessels of 4,250 TEU nominal […]

  • 10 June 2015
    Business & Finance

    Singapore-based container terminal operator PSA International (PSA) has signed a joint venture agreement with China’s Beibu Gulf Port Group (BPG) and compatriot container line Pacific International Lines (PIL) to operate a new container terminal in Qinzhou City, Guangxi Province, China. The BEIBU GULF-PSA International Container Terminal is PSA’s first foray in the South-Western China region – one of the […]