Home World PIL to exit market to focus on North-South trade

PIL to exit market to focus on North-South trade

As part of Pacific International Lines’ (PIL) continuous effort to optimise its network efficiency, the company will be withdrawing its services from the Transpacific market. As a result of this service re-alignment, PIL’s last Transpacific sailing will be in March 2020. The company says it has taken this decision as part of a wider strategic review of its business. 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. Pacific International Lines (PIL) is in the world’s top 10 containership operators and is the largest ship owner in Southeast Asia. PIL owns and operates a fleet of around 150 containerships, bulkers and multi-purpose vessels, serving more than 500 locations in over 90 countries worldwide

Previous articleDecarbonisation, 2020 fuel switchover and digital transformation at the forefront of Lloyd’s Register’s Hellenic Advisory Committee meeting
Next articleCooperation between HELMEPA and the Hellenic Navy Seals Association