Bulker sale refocuses PIL on container shipping

Pacific International Lines, the beleaguered Singaporean liner operator, has sold another bulk carrier, as it increasingly concentrates on its core container business.

VesselsValue reported PIL had sold the 2013-built 56,600dwt bulk carrier, Glovis Madrid, for US$9.7m, three months after selling the 2012-built 56,700dwt bulker, Glovis Maestro, for US$9.2m, both to unidentified Chinese buyers.

The sales leave PIL with ownership of three similar sized 2013-built bulk carriers, and observers believe...

https://container-news.com/bulker-sale-refocuses-pil-on-container-shipping/

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