Watch videos, top stories and articles on Pacific International Lines at moneycontrol.com. PIL Nigeria Limited – PRIVACY NOTICE. The combined US import market share of the Top 5 US import carriers slipped 0.3 percentage points to 58.1 percent from January through September, while the Top 5’s US export share fell 0.8 percentage points to 58.4 percent, according to data from PIERS, a sister product of JOC.com. CNTV. Customer Advisory-Revised Export Full Acceptance Process at WACT Onne Complete Digitalization of submission of refunds’ application with effect from 1st February, 2021. 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The family also controls Sofrana Unilines. The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded. Campaigns. Get the latest news about Pacific International Lines and the container shipping & maritime industry. Pacific International Lines Completes $600M Financial Restructuuring . News; Business; Pacific International Lines conducts debt re-profiling discussions with financial lenders; Pacific International Lines conducts debt re-profiling discussions with financial lenders . Cosco recently bought part of debt-ridden PIL’s container-manufacturing business, and … Free Member. Independent container lines increased their combined market share as well as their total volume of imports in the third quarter. Pacific International Lines, which participates in a half-dozen trans-Pacific services, mostly in slot-charter arrangements, is exiting the highly-competitive Asia-US trade lane. At a time when the container shipping landscape is constantly evolving, and market dynamics present increasingly complex challenges for the shipping industry, the JOC provides up-to-the-minute news, analysis and business intelligence about the container lines that transport most of the world's trade including Maersk, COSCO, Hapag-Lloyd, CMA CGM, MSC, ONE, Yang Ming, Zim Integrated … MSC vessel suffers deep gash after collision with pier in Turkey . The 1999-built... Read more. PIL sponsors 102 containers for Singapore’s National Day Parade 07 August 2019 Singapore, 7 August 2019 - Pacific International Lines (PIL), Singapore’s leading containership operator, is proud to be part of Singapore’s 54th birthday celebrations by sponsoring 102 20-foot GP containers for the 2019 National Day Parade (NDP). PIL(太平船务)新加坡总公司联系方式： 联系电话：+65 62218133 联系传真：+65 62258244 联系邮箱：general@sgp.pilship.com 联系地址：140 Cecil Street, #03 … That investment … Pacific International Lines News and Updates from The Economictimes.com. Pacific International Lines' traffic in US imports from Asia rose 67 percent year over year in the second quarter. Pacific International Lines News Monitoring. Follow the latest news and comprehensive coverage on PACIFIC INTERNATIONAL LINES at CNA 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”. Advanced Search Sign Up. Pacific International Lines withdraws transpacific services. China’s Cosco Shipping Holdings is eyeing Singapore’s Pacific International Lines as a potential takeover target as it looks to expand its footprint in developing markets. Tile & Cut to size(2) Company Info. Home > Company News 15th year. Find related and similar companies as … Heliconia Capital is a wholly ... C-19 radar Pacific International Lines PIL Restructuring. Kota Sahabat (KSAH0044W) Apapa shipments … The 11,923-teu Kota Perwira (built 2018) and Kota Panjang (built 2017) have been acquired by Wan Hai Lines (Singapore) Pte Ltd, a subsidiary of Taiwan-listed Wan Hai, according to a stock exchange announcement. Freight News. It would entail a $600m cash injection from Heliconia, a wholly-owned subsidiary of Tamasek. PHOTOS OF DAMAGED UNITS TO PIL VIA EMAIL BEFORE RETURNING EMPTIES CBN Directive on Form NXP Number. Singapore's Pacific International Lines (PIL) has been linked to another asset sale as it raises money in tough markets for containerships. 5Y Return. A report on the status of instant quotes in container shipping. Evergreen-operated Ever Given blocked the Suez Canal, Taiwanese line says it is not responsible for cargo delays due to a carrier’s PIL adds second Vietnam call to trans-Pacific service 19 Nov 2019 Leads by Industry Top Companies Company Search People Search Solutions About Us. Get by Email • RSS. Cargo Integrity Campaign. Concor 589.40 39.45. The line, which is the largest carrier in Southeast Asia, had been struggling … Get all latest & breaking news on Pacific International Lines. Home > News > Categories: Finance > Pacific International Lines completes $600M financial restructuring. PIL Nigeria Limited – PRIVACY NOTICE Kota Sahabat (KSAH0044W) Apapa shipments stemmed to SAPID 2 … PDL serves Australia, New Zealand, Norfolk Island, New Caledonia, Vanuatu, Fiji, Tonga, Cook Islands, Samoa, Tahiti, American Samoa and other remote nations. Singapore shipping company guilty of illegally dumping waste oil in US waters. Breakbulk Shipping: The MPP Fleet Prepares for The Global Energy Transition. A minor player on the Pacific, PIL’s departure is likely to make Minhas from 15th February 2021. Cosco had a 10.3 percent share of capacity on the east coast of South America-to-Far East route earlier this year, and has plans to grow that with extra loaders and bigger vessels through the remainder of 2019. Pacific Direct Line (PDL), which operates five ships of between 520 teu and 9... TradeWinds is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. Jobs in Tanzania 2021: Job Vacancies at Pacific International Lines (PTE) Ltd, 2021 PIL Tanzania, Marketing ManagerPacific International Lines (PIL) Ltd Location: Dar es Salaam, Tanzania Recommended:PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | NECTA AND MOCK EXAMS 1988 – 2019. Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity. CLICK HERE! Competitors. The two partners will coordinate their resources to provide cold chain logistics solutions. PIL seen as next takeover target after OOCL Bruce Barnard, Special Correspondent | Jul 19, 2017 10:15AM EDT. The Top 5’s losses were driven exclusively by shippers shunning the Ocean Network Express, and there was another shipper trend that provides an insight regarding how shippers responded to alliances. Pacific … Login / Register. PACIFIC INTERNATIONAL LINES (PTE) LTD. Home Products News Video About Us. PACIFIC INTERNATIONAL LINES (PTE) LTD. Home Products News Video About Us. Carriers large and small battle for market share and profits in the Pacific. About. Pacific International and both of the engineers entered guilty pleas in Federal Court in Guam today. PIL said in a statement on Tuesday that it had made significant progress in cutting asset costs due to the challenges the sector has been facing but the coronavirus … Insurers warn against vaccine theft as marine supply chain gears up. Industry Opinions. Get the latest news about Pacific International Lines and the container shipping & maritime industry. Mar 25, 2021 11:00AM EDT. The U.S. Coast Guard was involved in the clear up of the oil and at the time detained the ship pending an investigation. FEATURED FUNDS ★★★ ★★ ICICI Prudential Smallcap Fund Direct Plan-Growt.. 5Y Return. Singapore container line Pacific International Lines on Tuesday warned of likely loan and bond defaults even as it seeks an investment bailout by the Singapore government’s investment company, Temasek Holdings. PIL’s container manufacturing affiliate, Singamas, also sold most of its dry container manufacturing factories in China in May 2019 for $565m to Cosco Shipping Financial Holdings. Pacific International Lines videos and latest news articles; GlobalNews.ca your source for the latest news on Pacific International Lines . Pacific International Lines completes $600M financial restructuring. The financial rescue of Singapore-based Pacific International Lines (PIL) has been completed with new investments and the cancelation of portions of the company’s outstanding debt. The Goods and Services Tax (GST) rollout in July dampened growth in the first half. IBM, Pacific International Lines Complete Blockchain Shipping Trial With Oranges - Bitcoin and Ethereum news, analysis and review about technology, finance, blockchain and markets - cryptocurrency news. The New Frontier in Global Logistics Technology: Linking Customer Expectations to Customer Promise. PIL admitted to knowingly polluting American waters and attempting to cover up the incidents … The shipping line agreed to pay a total fine of $3 million, split into $1.5 million immediately as well as equal payments of $500,000 annually as part of the company’s probation. JOC Maritime News Container Lines Pacific International Lines. View Pacific International Lines (www.pilship.com) location in Central Singapore, Singapore , revenue, industry and description. Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talks with a unit of Singapore state investor Temasek Holdings for a potential investment. The remaining shares are believed to be owned by the Ravel family, which had founded the company in 1968. PIL said in a statement on Tuesday that it had made significant progress in cutting asset costs due to the challenges the sector has been facing but the coronavirus … Container carriers that deployed extra loaders and those that provided express services in the resurgent Asia-US trade saw the largest volume gains in 2020. Carrier market share in the trans-Pacific is not expected to change much in the next few months, in part because carriers will manage capacity by blanking individual sailings and deploying extra-loader vessels to handle import surges. sale as it raises money in tough markets for containerships. Carriers will blank at least 37 individual sailings this month and next and suspend an entire weekly service as they attempt to stop further erosion in freight rates in the eastbound Pacific. Spot rates in the eastbound Pacific are starting to firm, but will not increase as dramatically as they did during the 2018 peak season because importers are taking tariff announcements in stride. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies. THE BUSINESS TIMES Pacific International Lines - Find Pacific International Lines News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. Company Address : 140 Cecil Street, #03-00, PIL Building, Singapore … Pacific International Lines – 'debt re-profiling discussions and potential investment' Here is a press release issued by Singapore’s Pacific International Lines (PIL) today. PIL will contribute one of five 2,500-TEU ships to the service, effective March 17, and said there are plans to introduce larger capacity vessels to the service in the near future. Company Name : PACIFIC INTERNATIONAL LINES (PTE) LTD. Business Type : containership operating, shipping agent. Pacific International Lines agrees debt deal; in talks with Temasek unit. Latest News about Shipping . Published on Jan 13, 2021. Mitsui O.S.K. Singapore carrier PIL and port operator PSA are exploring blockchain technology with IBM, the latest container shipping industry players to link up with the IT giant. A PIL representative declined to confirm the deal. Singapore's Pacific International Lines (PIL) has been linked to another asset sale as it raises money in tough markets for containerships. Org Chart. Digital Series. Search. In the latest case, Pacific International Lines’ 18,870 dwt container ship Kota Harum was charged with making discharges of oily bilge water while docked at Apra Harbor in Guam on October 4, 2019. News; Customer Advisory-Revised Export Full Acceptance Process at WACT Onne. Singapore boxship owner said to have disposed of another asset, following string of vessel sales. The Ocean Alliance will skip two Asia-US West Coast sailings in June in an effort to maintain rates as the US-China trade war takes a toll on volume. Company profile page for Pacific International Lines Pte Ltd including stock price, company news, press releases, executives, board members, and contact information Intra-Asia specialist Wan Hai buys Panamax ship from Doun Kisen. PIL had bought into PDL through a 60% holding in 2006. Nifty 14,507.30 182.4. 15.09 % Invest Now. A charter deal between Cosco and PIL will address capacity shortages in certain trades and allow the Chinese carrier to utilize surplus tonnage. PIL is the latest of a series of global transportation and logistics service providers seeking new growth opportunities in India. FEATURED FUNDS ★★ ★★★ ICICI Prudential Midcap Direct Plan-Growth. Pacific International Lines' traffic in US imports from Asia rose 67 percent year over year in the second quarter. Follow the latest news and comprehensive coverage on PACIFIC INTERNATIONAL LINES at CNA 1 April 2021. Mar 30, 2021 2:00PM EDT. All Categories List. The financial rescue of Singapore-based Pacific International Lines (PIL) has been completed with new investments and the cancelation of portions of the company’s outstanding debt. Pacific International Lines news and analysis. Get all latest & breaking news on Pacific International Lines. Amid signs of newfound and relative stability, the container shipping industry faces two imminent challenges. Alphaliner said the containership owner and liner operator has sold its stake in Pacific Direct Line (PDL), which operates five ships of between 520 teu and 940 teu in the South Pacific Islands. Singapore-based Pacific International Lines (PIL), ranked 10th amongst the top containership operators in the world, on Tuesday (26 May) announced a debt re … On Tuesday, Taiwan's Wan Hai Lines said it was paying $187m for two neo-panamax vessels from PIL. NSE Gainer-Large Cap . The port says the new service could boost traffic by 30,000 TEUs per year. Pacific International Lines Creditors of Pacific International Lines (PIL) have helped the insolvent boxship operator keep liquidation at bay when a … The company originally operated just two ships, but constantly expanded to finally celebrate its first 50 years of history in 2017, and ranking within the first 10 largest … NPL also has a 50% stake in Pacific Forum Line (PFL), which has a feedership run in cooperation with PDL between Australia and the islands. 14.9 % Invest … Categories Maritime Shipping News Tags English, Headline, Pacific International Lines, Restructuring Post navigation CORN FALLS; HOVERS NEAR 7-YEAR HIGH ON CHINESE DEMAND Total Joins Maersk-led Shipping Decarbonization Project Watch videos, top stories and articles on Pacific International Lines at moneycontrol.com. Overview. Pacific International Lines looks to the future as debt plan wins creditor approval Published 1 February 2021 15:11 GMT Company profile page for Pacific International Lines China Ltd including stock price, company news, press releases, executives, board members, and contact information Maritime News; Register; Login; Pacific International Lines Completes $600M Financial Restructuring. Free Member. Pacific International Lines news and analysis. CBN Directive on Form NXP Number. PHOTOS OF DAMAGED UNITS TO PIL VIA EMAIL BEFORE RETURNING EMPTIES . n.savvides-February … Wan Hai … PIL has broken rank from the three large vessel sharing agreements that currently share the Asia to East Coast of South America trade lane and is introducing a new fortnightly container service. Details Published: 01 April 2021 . In January, PIL said it was experiencing delays in its home port due to issues with low-sulphur fuel oil supplies. Six boxships of between 1,500 teu and 6,600 teu were anchored at Singapore's Eastern Holding Anchorage for up to three weeks because of a lack of the new bunkers. Pacific International Lines has signed a memorandum of understanding with China’s largest public port operator and a mainland construction giant to develop new markets. Pacific International Lines (PIL) appointed Goh Chung Hun as General Manager, Fleet Division, effective from February 1, 2021, succeeding Captain R.S. Pacific International Lines (PIL) appointed Goh Chung Hun as General Manager, Fleet Division, effective from February 1, 2021, succeeding Captain R.S. Media Pack. Pacific International Lines (PIL) has sold two more ships to Bangladesh's Karnaphuli Group as the Singaporean liner operator continues to boost its liquidity. Pacific International Lines is expanding its weekly Vietnam service to the US with the addition of a second call in Vietnam amid a double-digit jump in eastbound container volumes from the southeast Asian country. Pacific International Lines (PIL) is a shipping company incorporated in Singapore on 16 March 1967. May 26, 2020 • 0 Comments • Share. Minhas from 15th February 2021. About the job Job Description:… Singapore's Pacific International Lines (PIL) has been linked to another asset THE BUSINESS TIMES pacific international lines (PIL) - Find pacific international lines (PIL) News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news … Singapore-based shipping line Pacific International Lines will next month become a vessel operator in the transpacific market when it joins the weekly China Trans-Pacific Service (CTP 1) service of Taiwan's Wan Hai Lines. Today, it is ranked 19th amongst the top containership operators in the world. Decarbonisation Campaign. Singapore-based container ship operator Pacific International Lines Pte (PIL) has agreed with most of its financial lenders to defer debt payments and is in talks with a unit of Singapore state investor Temasek Holdings for a potential investment. Complete Digitalization of submission of refunds’ application with effect from 1st February, 2021. Sponsored Content. 27 May 2020. Lines, Wan Hai Lines, Interasia Lines and Pacific International Lines are expanding their current cooperation in trades to and from India by introducing a new intra-Asia loop, dubbed the China-West Coast India, or CIS, starting at the end of February. Contact. Pacific International Lines (PIL) has sold its liner shipping business Pacific Direct Line (PDL) to Neptune Pacific Line (Neptune). China’s Ministry of Transport has fined eight international container lines a total of $169,000 for failing to meet the freight rate guidelines set by the ministry. 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