Pacific International Lines (PIL)

PIL expands fleet with order for five 13,000 TEU LNG container vessels

Pacific International Lines (PIL) is advancing its fleet renewal program with an order for five new 13,000 TEU container vessels, each equipped with liquefied natural gas (LNG) dual-fuel engines.

These neo-Panamax vessels, to be constructed by Hudong Zhonghua Shipyard, a leading Chinese shipbuilder, are scheduled for delivery in late 2026.

Designed strongly emphasising efficiency, safety, and sustainability, the vessels will offer flexibility to adapt to various voyages, weather conditions, and...

https://container-news.com/pil-expands-fleet-with-order-for-five-13000-teu-lng-container-vessels/

PIL launches new China-Bangladesh service

Pacific International Lines (PIL) introduces a new weekly direct service connecting key ports in China and Bangladesh.

The new service, known as China Chittagong Express (CCE), will commence on 31 August from Ningbo in China and will be served jointly by a consortium of vessels.

Surendran Mathilagath, General Manager of Intra-Asia Services at PIL, said, “We are pleased to expand our services to Chittagong, Bangladesh with a direct express route from ports in China. The introduction of CCE...

https://container-news.com/pil-launches-new-china-bangladesh-service/

PIL partners with WNS to proceed with its digital transformation

WNS, a provider of global digital-led Business Process Management (BPM) solutions, announced its strategic relationship with Singapore-based shipping firm Pacific International Lines (PIL).

In this multi-year contract, WNS will work with PIL to accelerate its digital transformation journey by leveraging WNS’ proprietary shipping process automation platform, Malkom.ai. This collaboration will enable PIL to optimize costs, improve process efficiencies, and streamline shipping operations across its...

https://container-news.com/pil-partners-with-wns-to-proceed-with-its-digital-transformation/

PIL upgrades its eBL solution

Pacific International Lines (PIL) is partnering with WaveBL, a provider of digital trade solutions, to provide a wider range of electronic Bill of Lading (eBL) solutions to its customers.

WaveBL’s solution is expected to improve the ease, security, efficiency, and sustainability of PIL’s trade documentation process. Additionally, it is anticipated to provide a fuss-free experience for customers who will not be required to pre-register, making it a seamless transition to using eBL for shipments.

“A...

https://container-news.com/pil-upgrades-its-ebl-solution/

PIL launches first direct service connecting South China and Calcutta

Pacific International Lines (PIL) announced the launch of China Calcutta Service (CCS), the first direct link between South China and Calcutta (or Kolkata) in the market.

This weekly service commenced on 2 July 2024 from Xiamen.

“PIL is pleased to be a pioneer in offering a direct China to Calcutta service, supporting the high growth and trade in these two economies,” stated Surendran Mathilagath, general manager of Intra-Asia Services at PIL. “This service also connects customers with a gateway...

https://container-news.com/pil-launches-first-direct-service-connecting-south-china-and-calcutta/

PIL enhances Korea China Straits Service

Pacific International Lines (PIL) has decided to expand its Korea China Straits Service (KCS), adding Qingdao and Incheon ports to the service rotation.

Commencing on 4 July from Busan, this service will be jointly operated by PIL and its partners, featuring four vessels with a nominal capacity of about 2,800 TEUs.

Surendran Mathilagath, General Manager of Intra-Asia Services at PIL, said, “This upgrade of our KCS service reaffirms our strategy to broaden PIL’s presence in Asia. It further...

https://container-news.com/pil-enhances-korea-china-straits-service/

Pacific International Lines launches PIL Academy

Pacific International Lines (PIL) has established the PIL Academy, a centre of excellence for learning and development, aimed at providing comprehensive training in maritime and transport logistics for all its employees.

The academy’s goal is to enhance workforce capabilities and future-proof careers. It will collaborate with organizations and technology partners to create a holistic curriculum featuring accredited courses that will benefit both the company and the industry.

The PIL Academy was...

https://container-news.com/pacific-international-lines-launches-pil-academy/

PSA and PIL complete first low-carbon shipment trial

PSA Singapore and Pacific International Lines (PIL) have successfully completed their inaugural trial of low-carbon green shipments, aiming to create a more sustainable end-to-end supply chain ecosystem.

This pilot trial stems from a Memorandum of Understanding signed in October last year between the two long-time partners, focusing on green and sustainability solutions to decarbonize supply chains. The trial involved the transportation of cargo from warehouse to warehouse, from Singapore to...

https://container-news.com/psa-and-pil-complete-first-low-carbon-shipment-trial/

PIL predicts Red Sea crisis to keep it in black for 2024

Despite sharply reduced earnings in 2023, Singapore’s Pacific International Lines (PIL) expects the Red Sea crisis to keep the once-struggling liner operator in the black for 2024.

PIL submitted its 2023 financial statements to the Accounting and Corporate Regulatory Authority of Singapore early in April 2024. The figures showed PIL’s net profit dived to US$307 million, from US$3 billion in 2022 and US$2.6 billion in 2021, as the freight market normalised after the Covid-19-fuelled boom.

In...

https://container-news.com/pil-predicts-red-sea-crisis-to-keep-it-in-black-for-2024/

PIL joins DCSA to proceed with shipping digitalisation standards

Singaporean box carrier Pacific International Lines (PIL) has joined the non-profit organisation, Digital Container Shipping Association (DCSA), to drive standardisation and digital innovation in the container shipping industry.

DCSA’s founding members consist of 9 of the 10 largest container shipping companies worldwide and represent approximately 70% of global container trade. The association was founded to accelerate digitalisation by streamlining and harmonising data standards, thereby...

https://container-news.com/pil-joins-dcsa-to-proceed-with-shipping-digitalisation-standards/

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