MaritimeNews ® 14-Feb-2020 10:30
Illustration. Image Courtesy: PIL
Singapore’s shipping company Pacific International Lines (PIL) has decided to withdraw its services from the Transpacific market in an effort “to optimize the company’s network efficiency”.
As a result of this service realignment, PIL’s last Transpacific sailing will be in March 2020.
“The company has taken this decision as part of a wider strategic review of its business,” PIL said in a statement.
“Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa, Middle East / Red Sea, India Sub-Continent, Latin America, and Oceania.”
PIL is one of the top ten containership operators in the world. The company owns and operates a fleet of around 150 containerships, bulkers and multipurpose vessels.
Read more:
PIL Trials Delivery Using IBM Blockchain Platform
PIL Terminates Vessel Calls to Iran due to US Sanctions
Heads necessary to send messages to enable JavaScript

Similar topics

IRISL Returns to Europe with First Call in Hamburg
ZIM Adds China Express Northwest Service
ZIM Unveils Two More Services
HMM Adds Final of Six New 10,000 TEU Boxships
ZIM Upgrades Services on Pacific, Atlantic Routes
MSC, Maersk Partner Up with SM Line on Transpacific Route
HMM to Join THE Alliance as a Full Member
GulfNav Forms New Maritime Services Partnership
CargoSmart: Carriers More Reliable in October 2017
APL Enhances Intra-Asia Coverage
  • Reply

The time now is: Today 22:00

All times are GMT + 3 Hours