Pacific International Lines (PIL) is a significant player in the global shipping industry. Here’s a breakdown of key information about them:
Core Business:
PIL primarily focuses on container shipping.
They also engage in logistics-related activities, including supply chain management, warehousing, and container manufacturing.
History and Foundation:
The company was founded in Singapore on March 16, 1967, by Chang Yun Chung.
It has grown from a regional ship owner to a global shipping company.
Global Reach:
PIL serves over 500 locations in more than 90 countries worldwide.
Their service network covers key regions like Asia, Africa, the Middle East, and Latin America.
Fleet and Operations:
PIL operates a substantial fleet of container and multi-purpose vessels.
They are currently modernizing their fleet, with an increasing focus on LNG dual fuel vessels, for more sustainable operations.
Subsidiaries:
Key subsidiaries include Mariana Express Lines (MELL) and Malaysia Shipping Corporation (MSCorp).
Key points.
They are a very large shipping company that has a very broad reach.
They are working to make their shipping more sustainable.
They have a long history, and are a well established shipping company